Freehold Residential Care Home Reg For 11 For Sale

Business Description

Registered with the Care Quality Commission for the care of up to eleven service users, elderly / dementia care.

Maintaining high occupancy full at time of our inspection, fees ranging from £390 to £530 and with total weekly income of £4,563.

Good proportion of privately funded service users.

Accounts show annual fee income of £228,379 producing an estimated pre tax profit of c£56,000 to an owner/manager.

Two shared and seven single bedrooms, five having en suite bath or shower, all with en suite toilets and basin.

Owners or managers three bedroom flat.

We are of the opinion that the home would represent an ideal acquisition for an owner operator who if require could live in the second floor three bedroom flat. Alternatively it may be feasible to extend the service users accommodation into the second floor to provide a further three to four bedrooms (subject to necessary planning and building regulations, CQC registration and the provision of external fire exit and improved internal access).

Property Information

Property:

Freehold

Living accomodation:

3 bed roomed flat

Location:

Situated on a tree lined avenue some 100 meters from the seafront and convenient for town center amenities. Affluent and much sought after Essex seaside resort popular with retirees.

Other Information

Expansion potential:

It may be feasible to extend the service users accommodation into the second floor to provide a further three to four bedrooms (subject to necessary planning and building regulations, CQC registration and the provision of external fire exit and improved internal access).

Fixtures value:

Undisclosed

Stock value:

Undisclosed