Chandler & Co

Majority purpose built residential home Lincolnshire

NGA Care
Date Posted: 26/06/2019
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Beds: 35
Guide Price: £1,475,000 (Freehold)
Single Beds: 35
Reference: NGA 826
A high quality residential care home which following a number of extensions is predominantly purpose built. The home has 35 effective bedrooms and 16 have en suites. The home has high occupancy with 60% private paying residents, AWF £598. Current weekly income is £19,255 which annualised indicates c. £1,013,000. The business continues to grow with FY20 income of £941,678 and EBITDA of £166,464. The home is rated as Good in all areas in the latest CQC report and has an excellent relationship with the local commissioning teams. As of 20.05.20 the home has ZERO Covid 19 cases. This is a fantastic opportunity to acquire a profitable, well presented, management run business. EPC Rated B. For further details please register at www.ngacare.co.uk Offers are encouraged

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Chandler & Co