Profitable residential care home in Lincolnshire village
Best Bids Invited
- Grade 2 listed residential care home
- 23 effective bedrooms; all en suite WC
- 100% effective occupancy
- AWF £804; weekly income c. £18,491
- Annualised c. £961,000; profitable business
- Run under management; CQC rated Good
- Large plot, potential to extend (STP)
- Ideal first time buy
- EPC rated N/A, Council Tax band G
- Early viewing recommended
NGA Care are pleased to offer for sale a residential care home for the elderly in a Lincolnshire village. The profitable home is run under management, rated Good by the CQC and has 2 effective bedrooms which all have en suite WC. The popular home's occupancy is currently 100%, with an average weekly fee of c. £804 and weekly income of c. £18,491; which annualised is c. £961,000. The service is well presented and has potential to extend (STP) as positioned on a large plot. This would ideally suit a new entrant to the sector or a regional operator. Offers are invited on a freehold asset sale basis. EPC rated N/A and Council tax band G.