Highly profitable well presented boutique residential home in the West Midlands
£1,295,000
- Well presented boutique residential home
- Popular residential location
- All bedrooms en suite
- AWF c. £924
- FY24 income c. £679,000; Adjusted Net Profit c. £326,000
- Registered manager in place
- Lapsed (2018) planning for further beds and day space extension
- Owners / staff apartment
- Genuine retirement sale
- EPC rated C, Council Tax band F
NGA Care a delighted to offer for sale a luxury boutique residential care home for the elderly, that's situated in an affluent West Midlands location. The homely accommodation is well presented and all bedrooms have en suite facilities. There is potential to extend the building with lapsed planning for 3 additional bedrooms and day space extension. The home is run with a registered manager. The business is highly profitable and was generated from consistent occupancy levels and a privately funded client group. Within the building is well presented 3 bed owners/staff apartment, whilst to the rear of the home are well presented walled gardens and patio.
This is a retirement sale and the opportunity would suit both new entrants to the sector and acquisitive regional operators looking to bolt on a quality business. EPC rated C, council tax band F.