Date Posted: 12/09/2023
Property Status: For Sale
Management Type: Manager operated
Region: West Midlands
Guide Price: £400,000 (Leasehold)
NGA Care is delighted to offer for sale a residential care home in a sought after West Midlands town location on a leasehold basis. The care home has close to 25 single bedrooms. Run under management, the service generated good levels of profit off revenue of £711,731 in FY22 and in the 6 months to Feb 23 produced income of £350,000. New 25 year lease to be granted.
Rarely do privately owned leasehold care homes come to the market at this price point so early expressions of interest are invited.
The home would suit either a new entrant to the sector or an expanding operator. EPC rated C, Council tax band H.