Plas Garnedd Care Centre

£1,399,000

REF: 44102

Healthcare

Freehold

Caernarfon Gwynedd

Impressive detached residential care home (registered for 27)

Fee income £666,917 per annum (y/e 31.08.16), EBITDA £249,198 (37%)

P/P for 24 single beds, extensive grounds, 3 bedroom detached bungalow

Convenient yet peaceful setting with stunning views, high occupancy levels, viewing highly recommended

A rare opportunity to acquire an impressive freehold Residential Care Home, situated in the delightful village of Llanberis which lies at the foot of Snowdonia within the national park.

Plas Garnedd Care Centre occupies a peaceful elevated location, with stunning views of the lake and mountains and is set amongst extensive grounds. Despite enjoying such a quiet and idyllic setting, the home is also ideally positioned within a short walk of the village centre, with its selection of shops, restaurants and amenities with public transport facilities and the major commuter routes close at hand.

Having been in present ownership since 2004, the home has earned a truly enviable reputation for offering excellent standards of care, support and dignity ensuring regular referrals and recommendations.

Plas Garnedd Care Centre demonstrates an excellent trading record, with historically high occupancy levels at or approaching capacity.

There is a complement of experienced and qualified care staff in place, which is another factor in the home’s success and reputation.

Plas Garnedd Care Centre operates from a substantial and imposing two storey detached property that has been updated, providing spacious and versatile accommodation which is superbly appointed throughout.

Planning permission was granted in 2015 for an extension to create a further 24 en-suite single bedrooms. We recommend all interested parties contact the local planning department to ascertain the exact nature of this. There is also ample space for further future development.

Also located within a short distance of the home is a recently constructed spacious 3 bedroom detached cottage which would be ideal for an on site owner operator or manager.

Plas Garnedd Care Centre is a successful business generating impressive levels of fee income and excellent associated audited profits and would therefore be an ideal acquisition for an ambitious hands on owner operator or also prove to be a fantastic addition for an experienced operative, who already has a presence within the care sector.

This is a rare opportunity to purchase a first class business and a valuable freehold property located in such a desirable setting.

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