16 Bed Residential Home Planning For Further 10 For Sale

Business description

HISTORY

• The property was originally opened as a residential care home in 1985, when registration was obtained for six residents
• The property was subsequently extended in 1985
• Registration was increased to 16 in 1987
• The Care Home has been in the careful ownership of the current vendors since 2001

REASON FOR SALE

• Genuine retirement sale

RESIDENTS SERVICES

• Residents fees are inclusive of full board, care, personal laundry and toiletries

CUSTOMERS

• Residents are said to move into the home as a result of word of
mouth recommendation or contacts with Social Services
• Most residents are from within the village, although some are from Mansfield and Forest Town area

STRENGTHS

• Fully staff run
• Owner’s role is on an administration basis working part time hours
• Owner operator could increase the bottom line
• Land to rear and side with good car parking
• Excellent local reputation
• Regular waiting lists
• Excellent reports from the Care Quality Commission




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Freehold

Location:

• The Care Home occupies a prominent position opposite a park in an area of Mansfield considered as a generally good area.
• Nearby residential dwellings comprise of mature semi detached and detached houses in private ownership. There are also a number of Local Authority houses in the area.
• The Care Home provides parking for some seven or eight cars. There are bus stops close by.
• The business is located approximately two miles north of Mansfield, in the county of Nottinghamshire. It is a well populated, principally residential area with its own shopping centre.
• The village is served by the A60 and the A6075. It lies close to the county border with Derbyshire.
• Lift
• The vendor has informed us that the total day space is circa 94 square metres, which equates to approximately 4.95 square metres per registered bed
• 15 x single bedrooms
• 1 x twin bedroom
• Locks have been provided to all residents’ bedrooms and they all have adequate decorations
• There is no owner’s accommodation
• Two external fire escapes

External

• Driveway leading to a car park with space for circa seven cars.
• Front garden with lawns and borders, side and rear lawned gardens, and a number of trees and shrubs

Premises details:

• The Care Home is a substantial detached property, which was formerly used as a vicarage
• The original section is of brick construction under a pitched roof. The original building appears to date to the early part of the twentieth century
• An extension was added to the rear circa 25 years ago constructed over two storeys of brick beneath a pitched roof
• To the rear there is a single storey porch
• Internally, the Home is presented to a good standard with varying styles prevailing throughout the Home
• The day rooms are on the ground floor
• There is a main lounge
• Second residents lounge
• Dining room
• Small smoking room
• Further lounge
• Kitchen
• Laundry room
• Bathroom

Business Operation

Expansion potential:

• The vendor has informed us that planning permission is in place for a further 8 to 10 bedrooms, which would make this a highly lucrative care home with a total of 24 rooms. We are awaiting receipt of the granted permissions.
• Further marketing activities as no advertisement is said to be undertaken

Employees:

• Fully staffed with minimal input from the owners

Years established:

26

Other information

Related documents:

• 
• Sales Particulars

• 
• EPC