Date Posted: 11/05/2018
Property Status: For Sale
Owner Type: Manager
Region: West Midlands
Guide Price: £895,000 (Freehold)
Care home in Staffordshire, registered for 22 service users with the categories of old age and dementia care. The home comprises two adjacent properties. We are advised that the vendor may consider a sale of one of the buildings, with the other home perhaps being converted back to a residential dwelling, or to be changed to provide more specialist care. The business features all single accommodation and trades with excellent occupancy levels - resulting in very healthy profit margins. We feel that this margin is sustainable, subject to the home continuing to control costs and maximise occupancy and fees.