Chandler & Co

Established Care Home with Nursing

NGA Care
Date Posted: 25/06/2019
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Beds: 40
Guide Price: £1,600,000 (Freehold)
Single Beds: 40
Reference: NGA 822
Established care home with nursing situated in affluent East Midlands town. 40 effective bedrooms with en suite WC to 36 bedrooms. 85% Effective occupancy with current AWF £698. FY18 income £1,218,942 and FY19 income £1,284,509 with adjusted net profit of c. £220,000. Registered manager in place and latest CQC rating found the service as Good (2018). The total area of the site is approximately 1.9 acres with the care home located within 1.25 acres of land that could be developed on with potential for a substantial extension to the existing building or to replace with a new purpose built care home (STP). For further details and to be kept updated with new "off market" instructions, please register via our website: www.ngacare.co.uk

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Chandler & Co