Advert Ref: 10458

Add this business to my shortlist >>
Asking price: £800,000
Sales revenue: £231,000
Business description: Bag a Business is delighted to offer for sale this well presented and profitable residential care home, situated a convenient distance from the major towns and cities of South East Wales. The care home was established by our client in 1989 and is only now being placed onto the market to allow our client to retire. The care home has enjoyed exceptional levels of success since its inception, enjoying almost continuous occupancy levels of 100% in addition to a waiting list of prospective residents. At present the care home enjoys an annual turnover of £231,691 with a gross profit of 95%. The business is currently managed by our client, however the staff includes an NVQ level 4 qualified member, who could possibly manage the day-to-day operation, providing a smooth transition. The home's continuing success is down to its welcoming environment of unique rooms, with decor arranged in consultation with each service user, and the scenic view that is present in each private room. The business has been recently inspected with no points of concern. This is an exceptional opportunity to purchase a well established, profitable business and viewing comes highly recommended to appreciate the existing quality and scope for future growth. Our client is happy to share with a seriously interested party, the statement of purpose, most recent inspection report and minutes of the service users' meeting with quality care review.
Property : Freehold
Living accomodation: Prominent building of brick construction situated underneath a pitched tile roof. There are 12 bedrooms of which 1 is a double room and 11 are single bedrooms. The home is well equipped throughout and satisfies all legal requirements. Briefly comprising: GROUND FLOOR Sun room/conservatory Main entrance hallway Residents' lounge Dining room Kitchen Utility room Storeroom Double bedroom with patio doors opening onto gardens Manager's office Bathroom WC FIRST FLOOR 11 single bedrooms Sluice room Bathroom WC SECOND FLOOR Owner's/manager's accommodation, briefly comprising; Lounge Double bedroom Single bedroom En-suite bathroom Kitchen and dining area Separate external access EXTERNAL Well presented gardens and parking to the front
Location: This superb, well equipped residential care home is ideally situated just off the main A472 Newbridge to Blackwood road in the village of Pontllanfraith. The location benefits from its close proximity and short travelling times to both Newport and Cardiff as well as the local major town of Newbridge. The area boasts places of worship, local shops, supermarket and a post office. The care home is situated within an area of residential housing on a prominent plot with views of the surrounding valleys.