Chandler & Co

East Midlands Purpose Built Care Home Portfolio

NGA Care
Date Posted: 12/09/2023
Property Status: For Sale
Management Type: Owner operated
Region: East Midlands
Beds: 60
Guide Price: £2,950,000 (Freehold)
Single Beds:
Reference: 963
NGA Care are delighted to offer for sale a portfolio of purpose built care homes conveniently clustered in the East Midlands. One offers residential care and the other is a care home with nursing. The management run businesses are profitable and well presented. Registered overall for close to 60, the homes have good occupancy and combined weekly revenue of c. £55,000, annualised is c. £2.86m. FY23 income c. £2.6m with an adjusted net profit of c. £400,000. The opportunity is an excellent bolt on opportunity for an existing operator or a new entrant. EPC rated C & D and Council tax rated H & G. Early expressions of interest are required to avoid disappointment. ngacare.co.uk

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Chandler & Co