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Established residential care home East Midlands
£2,100,000

1071

Residential care home
CQC Rated Good, management run
Close to 50 beds, all en suite WC
Ideal opportunity to introduce nursing care
Ideal for experienced operator
Current occupancy c. 60%
Annualised income c. £1,318,000
FMT EBITDA c. £264,000 - 20%
Well presented accommodation
EPC rated B; Council tax band G

NGA Care are delighted to offer for sale a residential care home located in a popular East Midlands suburb that is rated Good by the CQC. The management run business is well presented and would be ideal to an acquisitive local/regional nursing home operator. The home is currently registered for residential care but there is strong demand for nursing care in the area. The home trades with close to 50 effective bedrooms, all of which have en suite WC facilities. The current occupancy at the care home is c. 60% with current weekly income of c. £25,353. This is a fantastic opportunity for an experienced operator to evolve the business to be dual registered (Subject to CQC)) and add value. EPC rated B and Council tax band G. Early viewing highly recommended.