Date Posted: 14/03/2024
Property Status: Under Offer
Management Type: Manager operated
Region: West Midlands
Beds: 30
Guide Price: £2,100,000 (Freehold)
Single Beds:
Reference: NGA954
NGA Care are delighted to offer for sale an established care home with nursing which is rated good overall by the CQC.
Continuously trading at high occupancy levels, the highly profitable management run home has an excellent reputation. As of March 2024 the home trades with an occupancy of c. 96%. FY23 revenue was £1,395,969 generating adjusted net profit of c. £358,611. This is a great bolt on opportunity for an existing operator or a new entrant to the sector.
The properties have a high underlining bricks and mortar value. EPC rated D. Council Tax band H.
Contact NGA Care for further details.
NGACARE.CO.UK