Care Home Reg 19 With Excellent Sea Views For Sale

Business description

Superb detached Residential Care Home Reg 19 in 17 good sized en-suite Single Rooms, some with fantastic sea views. There is also a large 5 Bed flat on the second floor for owner or staff accommodation. Most recent inspection report has 3 star rating and the home is within easy access of the town centre and sea front. There could be potential to extend the home further, subject to consents. Fees currently £378 - £518 with t/o to March 2011 of £340,854. Currently running with high levels of staff and offering much further potential for new owners with experience in the business. Recommended for viewing!

Property information

Property:

Freehold

Living accommodation:

Owner/Staff accommodation consists of 5 Bedrooms, Living Room, Kitchen/Diner, L shaped Study/Playroom and 2 x Shower Rooms. There are superb sea views from rooms at the rear of the building.

Location:

Located in a very convenient location being within easy reach of this popular town centre on the southern part of the island. The town has a good selection of shops and amenities, and regular bus routes serve the rest of the island. Fishbourne car ferry terminal with regular services to Portsmouth is approximately 20 minutes drive and other car ferry services can be accessed from Yarmouth which goes to Lymington and East Cowes to Southampton.

Premises details:

The property was originally two semi-detached houses that have now been converted into one detached property. It is believed to have been constructed around the turn of the century and has a more recent single storey extension to the rear. The main house is arranged on three floors with a basement and the top floor being used as a 5 Bed flat for owner/staff accommodation.

The property is constructed of brick with whitened rendered elevations to the main building all under a deep pitched tiled roof relieved by several dormer windows. First and second floor rooms with windows to the rear of the property afford superb views over the town and out to sea. The rooms in the extension also have some sea views.

Fees are currently charged from £378 - £518 per person per week and draft accounts for the year ending March 2011 show a turnover of £340,854.

The Home is currently run and managed by the owners who have a full compliment of staff and it should be noted that most of the rooms are extremely spacious. It is considered that there is still more potential to improve this unit, including further extension possibilities (subject to consents), which would result in higher levels of turnover and profits.

Business Operation

Expansion potential:

Extension potential subject to planning permission

Other information

Furniture / Fixtures value:

£30,000 (included in the asking price)