CARE HOME – DEVON

£560,000

REF: 41847

Healthcare

Freehold

Highly renowned residential care home Registered for 11 residents with mental health needs

Advised fee income circa £265,842 (y/e 30.04.2017) with Adjusted Net Profit (ANP)of £96,611 (36%)

All single rooms (3 en-suite) Enviable reputation, highly trained staff, management in place Immaculately presented grade 2 listed property with spacious grounds

Large garden Retirement sale Grade 2 listed building

This is an opportunity to acquire an established and highly renowned residential care home registered for 11 residents with longstanding mental health needs, located in a popular Devonshire town.

The home occupies an accessible position in a well populated, predominantly residential area close to the town centre with a selection of shops and amenities, and is within easy walking distance of the local bus station, library and swimming pool. There are many leisure and sporting activities available in and around the town, as well as peaceful parks and attractive walking trails.

Having been successfully run by the present owner for the past 23 years, this well known home has established an enviable reputation for providing excellent standards of care and support within a warm and secure environment. The home subsequently has a very strong trading record with historical maximum occupancy levels.

The business operates from substantial and imposing premises (formally a bed & breakfast) providing spacious and versatile accommodation, which is well appointed with tasteful décor and furnishings throughout. The residents communal areas are very spacious homely which provide a sense of familiarity and freedom. Standards are maintained and kept at an extremely high level resulting in the home gaining the “Investors in People” award in 2003 and 2009.

The care home is a successful business which is only now being offered for sale due to retirement.

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