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East Midlands Purpose Built Care Home Portfolio
£2,950,000

Two well-presented care homes offering residential and nursing care
Registered for close to 60 residents, purpose built units
Current overall occupancy 53, AWF c. £1,039
Current weekly Income c. £55,042
CRR annualised income c. £2,862,000
FY23 income c. £2,602,000; ANP £401,000
Excellent bolt on opportunity, conveniently clustered
Adjoining building plot by separate negotiation with secured planning for a 20+bed unit.
EPC rated C & D; Council tax band H & G
Genuine retirement sale.

NGA Care are delighted to offer for sale a portfolio of purpose built care homes conveniently clustered in the East Midlands. One offers residential care and the other is a care home with nursing. The management run businesses are profitable and well presented. Registered overall for close to 60, the homes have good occupancy and combined weekly revenue of c. £55,012, which annualised is c. £2,862,000. FY23 income c. £2,602,000; ANP £401,000. Approximately 50% of the bedrooms have en suite facilities. The opportunity is an excellent bolt on opportunity for an existing operator or a new entrant. EPC rated C & D and Council tax rated H & G.
Early expressions of interest are required to avoid disappointment.