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Purpose-built Care Home with Nursing East Midlands
£3,000,000

Purpose-built care home with nursing
Registered for 40+
Consistent high occupancy; AWF £1,031; Weekly income c. £40,191
10 mth YTD (Jan 24) income c . £1,915,400
10 mth YTD (Jan 24) ANP c. £365,509
Annualised adjusted net profit c. £438,000
Management run, CQC Good
Genuine retirement, Asset Sale
EPC rated C; Council tax band H
Ideal bolt on or FTB

NGA Care are proud to offer for sale, a well presented purpose-built care home with nursing for the elderly located in the East Midlands. The management run home has an excellent reputation and is rated Good by the CQC. Situated in an affluent location which attracts a high proportion of privately funded residents with an average weekly fee of c. £1,031 (Pre ICB fee increase). FY23 revenue was c. £1,915,400 which generated an adjusted net profit of c. £384,622. 10 months to Jan 2024 annualised adjusted net profit c. £438,610 (pending fee increases). Lapsed planning for 6 bed extension. Retirement sale. Council tax band H and EPC rated C. Ideal bolt on for an existing operator or first time purchase.