Children's Residential Home For Sale - East London, London, United Kingdom

Asking price: £1,050,000

Business description: Do you want to be at the forefront of a service that makes a positive change in young people's lives. Do you have the commitment to ensure a service that supports young people through difficult times in their lives and through the change process? If Yes!! then this business is definitely for you. The home is registered for 5 young people age 14 -18years old. The structure of the registration allows for any prospective buyers to change the client group by applying to Ofsted for a variation to the registration. The accommodation consist of a large 6 bedroom semi detached freehold property spanning over five floors. The property has a large outbuilding that can be renovated to provide activity or training space.

Years established: 8 years

Employees: I Manager, 1 Senior Residential Worker, 6PT Residential workers, 1 House support worker, PT Admin

Trading hours: 24hrs service

Relocatable: This business can be relocated.

Property : Freehold

Living accomodation: The accomodation in the residential home consist of: *Front office *Meeting room *Staff sleeping room *Six bedrooms *1 large kitchen/diner *1 lounge *2 separate toilets *1 bathroom *1 Shower room *Large basement *Large rear Garden *Front garden with off street parking *Very large outbuilding to rear (potential for meetings, activities or training)

Location: The registered home is very central and within walking distance of the local shops, the market and transport. The home is also within walking distance to local colleges, parks and leisure facilities. The home is located on a residential street and blends well with other residential properties.

Expansion potential: The business currently operates with one registered house therefore there is room for additional homes to be developed.

Competition / Market: The main competition is from the larger established organisation such as Barnados and from the larger care home providers. The home has a good reputation with local authorities and Ofsted have rated the home as providing a 'Good" service to young people.

Support & training: The Director can provide training/consultancy to a prospective buyer. The director is a qualified social worker and manager also an experience trainer and consultant.

Reasons for selling: The Director wishes to pursue other business interest, also the Director is planning to move overseas next year hence the reason for the sale. Only those of you who are seriously interested in purchasing a care home respond. No time wasters please

Financing available? Referral to lender interested in funding care homes