10 Bedroom Care Home With Separate Cottage For Sale

Business description

This superbly appointed residential care home has been a fixture within the local community for over 15 years, and has been with the current owner for over 3 years in total.

The care home has a good reputation, and is registered for elderly and dementia residents. The care home has a total of 10 registered spaces.

The business has had some minor issues with health and safety, and had to close for one month in 2010 in order to be taken up to regulatory standards. This has now been passed and completed to an exceptional standard and the business is taking new residents.

The current owners have invested thousands of pounds into the business, in order to bring it up to a high specification. Most residents bedrooms are double rooms with en suite bedrooms, as well as having a number of on site bathrooms. The care home is extremely spacious and offers a very welcoming and friendly atmosphere, something which many of its previous residents have been delighted with.

The care home has been passed for all health and safety and fire regulations.

The business shall come fully fitted, with all rooms completed to a good standard.

Having traded successfully with a good reputation for many years, the business is projecting a turnover of over £200,000 with a full home, something which could easily be achieved.

The business also has a separate 2 bedroom owner’s cottage, which is fully detached, and would be ideal for an owner operator, or a manager.

The care home is in need of a new, experienced owner, who can fully utilise the potential on offer. There is scope to expand the premises, and incorporating at least four further bedrooms. The fee structure is also relatively low in comparison to competitors, and this could be looked in to.

We believe the business would be an ideal purchase for a partnership or couple who can fully utilize the businesses potential or as an addition to a current care home portfolio.


DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS AND WE WOULD ADVISE EARLY VIEWINGS

Property information

Property:

Freehold

Location:

A superbly positioned residential care home located in a popular and affluent residential housing estate.
This residential home is located in the town of Hinckley, and is located a few minutes from the town centre.
Hinckley is situated between Nuneaton and Leicester, and is a large town with a population of around 100,000 residents, and a high demographic of aged 60+, ideal for a residential home.
The town is served well with strong access links including the M69 motorway as well as the M1 to the East. It is also within easy driving distance of Birmingham to the West and Leicester to the North East.