Chandler & Co

Well presented West Midlands residential home

NGA Care
Date Posted: 22/09/2020
Property Status: For Sale
Management Type: Manager operated
Region: West Midlands
Beds: 22
Guide Price: £850,000 (Freehold)
Single Beds: 19
Reference: NGA 855
NGA Care are pleased to offer for sale a well presented residential care home situated close to a West Midlands town centre. Registered for 22 with 19 effective bedrooms (en suite to 5), this management run business offers excellent growth potential. The home has an excellent reputation within the town, with the local commissioners and the latest CQC inspection report found the service as Good in all areas. Current occupancy 18 (26 August 2020) generating annualised income of c. £573,000. There has been recent refurbishment to the kitchen and a bathroom. Historical adjusted net profits have been in excess of £128,000. Offers are encouraged. EPC rated B. Visit www.ngacare.co.uk for further details.

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Chandler & Co