Business description
The owner of this large, 40+ bed nursing home will retire soon and wishes to lease the home to an experienced nursing home operator. The home is registered with RQIA, the regulatory body for Northern Ireland, to provide nursing care to the elderly and disabled and to provide day care to the disabled.
As the home was purpose-built the rooms are large and airy, with attractive views over the local countryside. In recent years the furniture in the rooms has been upgraded and high quality profile beds with pressure reducing mattresses installed. There are large, brightly painted day rooms available for residents.
There is a full management team in place, capable of running the home on behalf of a new lessee.
Property information
- Property:
- Leasehold
- Living accommodation:
- If desired a leasee could live on site. However it would probably be more financial advantageous to use the accomodation for fee-paying residents.
- Location:
- The nursing home is on the outskirts of a busy country town.
- Premises details:
- The Nursing Home is a modern purpose built building with state-of-the-art facilities for nursing care.
- Planning consent:
- The owner has received planning permission for a major extension to the home.
Business Operation
- Expansion potential:
- Overall the local area has an ageing population so there is potential for steady long term growth. In the short term there are opportunities to acquire more residents from the Republic of Ireland. The health authority in the Republic pays a higher weekly rate for residents than is paid in Nothern Ireland.
- Competition / Market:
- There are no other nursing homes in the local area. The nearest nursing homes licensed by the RQIA are significant distances away.
- Reasons for selling:
- The owner wishes to retire
- Trading hours:
- 24 x 7
- Employees:
- 45+ full time and part time staff
- Years established:
- 15
Other information
- Support & training:
- There is a full management team in place capable of running the Home without input from the owner.
- Related documents:
-