Well Presented 2 Star Care Home Registered 19 For Sale

Business description

Well Presented 2 Star Residential Care Home currently Reg 19 located in a good residential area with the benefit of a good sized Studio Flat for staff. There is a deputy manager suitably qualified to run the Home and accounts to 7/12/08 show a turnover of £462,962 with a consolidated net profit of around £173,450. Accommodation is arranged in 13 x Single & 3 x Doubles with facilities such as Lift, Nurse Call and assisted bathing facilities. The property next door may be available for an additional price, if required, which has the potential to take reg to 26 in all Singles, subject to p.p.

Property information

Property:

Freehold

Living accommodation:

Studio Flat on the second floor with Living Room, Kitchenette and Bathroom/w.c.

Location:

Good residential area of this well located South East London suburb

Premises details:

The Home is a substantial building believed to have been originally constructed around the turn of the century and arranged on three floors all served by a Passenger Lift. The property has been extended to the side and rear in more recent times.

Other information

Expansion potential:

Property next door may be available at an additional price for which plans have been prepared to extend and convert to integrate with the existing Home and create 26 Single Bedrooms.

Support & training:

The vendors would be prepared to stay on for a month or two to facilitate the change over at a salary to be agreed.

Reasons for selling:

Genuine retirement sale

Financing available:

Please go to www.salmonfinance.co.uk

Furniture / Fixtures value:

£30,000 (included in the asking price)