Chandler & Co

Purpose-built care home with nursing - East Midlands

NGA Care
Date Posted: 14/03/2024
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Beds: 40
Guide Price: £3,000,000 (Freehold)
Single Beds:
Reference: NGA992
NGA Care are proud to offer for sale, a well presented purpose-built care home with nursing for the elderly located in the East Midlands. The management run home has an excellent reputation and is rated Good by the CQC. Situated in an affluent location which attracts a high proportion of privately funded residents with an average weekly fee of c. £1,031. Current weekly income c. £40,191; annualised c. £2,090,000. FY23 revenue was c. £1,915,400 which generated an adjusted net profit of c. £384,622. 10 months to Jan 2024 annualised adjusted net profit c. £438,610 (pending fee increases). Lapsed planning for an extension. Retirement sale. Council tax band H and EPC rated C. Ideal bolt on for an existing operator or first time purchase. Contact NGA Care Nick Greaves on 07943 107 887. NGACARE.CO.UK

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Chandler & Co