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Home
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For Sale
- East Midlands Elderly Care Complex,
East Midlands Elderly Care Complex
£2,950,000
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960
- Residential care complex registered close to 60
- 74% en suite facilities, 24 have en suite wet rooms
- 98% occupancy generating c. £50,000 per week
- Annualised c. £2,600,000
- Income c. £2,167,000; ANP c. £416,000
- Planning consent for further 30+ bed unit and ancillaries
- Registered manager in post, CQC Good
- Retirement sale
- Ideal bolt on for regional operator or FTB
- EPC rated A, Council tax band H
NGA Care are proud to offer for sale an established residential care complex located in the East Midlands. The management run facility would suit either a regional operator or new entrants. The profitable business is registered close to 60 residents and current effective occupancy is 98% generating c. £50,000 revenue per week, annualised c. £2,597,000. Accounts show income of c. £2,167,000 with an adjusted net profit of c. £416,000. The home has 74% en suite facilities, of which 24 are en suite wet rooms. The CQC Good rated home has planning granted for an additional 30+ bed unit in the grounds and ancillaries.
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East Midlands Elderly Care Complex
Sale Type: Sold STC
Ref #: 960
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P: 07943107887
