Freehold Residential Care Home For Sale

Business description

Bag A Business is delighted to offer to the market this highly regarded residential care home, which is in a prime trading position in Nottingham. There has been a care home on this site since 1984 and over the years the Chestnuts has built up an enviable reputation throughout the region. Our clients have just completed a full refurbishment programe on the property, including kitchen, new carpets, furniture and bathrooms, as well as a total redecoration to an exceptionally high standard. Currently the business generates a turnover in the region of £4,355 per week with a gross profit of 65%. The business is only now being offered to the market due to our clients' wish to purchase a larger residential care home. This is a pure turn-key business, which will allow any new owner the ability to walk straight in and carry on trading from day one. There is also scope to increase the turnover of the business by utilising the spacious ground floor to create new bedrooms. We believe that this is a unique opportunity to purchase a substantial residential care home, unequalled in the area and as such

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS A substantial 2 storey, brick built period house set in large walled grounds in a sought after suburb of Nottingham, briefly comprising: GROUND FLOOR Entrance porch leading to inner hallway Large lounge area with television and high quality furniture Well proportioned dining room Laundry room Storage room Office Staff W/C and 2 residents' W/Cs Fully fitted bathroom with Parker bath Lift to 1st floor Full commercial kitchen 4 single occupancy double size bedrooms 1 penthouse suite overlooking the gardens FIRST FLOOR 9 single occupancy double size rooms, 5 with en-suite facilities and 4 with sinks 1 toilet 1 fully fitted bathroom with Parker bath 1 sleeping room for staff Picture window to staircase and landing Boiler room with new fitted combi boiler EXTERNAL Parking for approximately 10 cars Gardens laid to lawn with flower beds Patio area with ramp leading to gardens Outbuildings

Location:

The Chestnuts Care Home is situated on Magdala Road, a tree lined road, in one of the most desirable suburbs of Nottingham, close to all amenities and road links to the centre. The property benefits from being surrounded by a variety of complementary period houses. The area of Mapperley Park is highly regarded for its schools, hospitals and parks. Nottingham is a modern and thriving city, which is easily accesible via the A46, A60 and M1 motorway and is also serviced by the East Midlands Airport.