Property Title: CARE HOME - LANCASHIRE - 44438

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 16 Mar 2016

Location: Lancashire

Guide Price: £450,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 44438

Description

Charming residential care home for the elderly (Registered for 13), convenient and popular location. Fee income ££266,819.00 per annum (y/e 31.03.19), with an impressive EBITDA £110,834 (35%), bricks and mortar guide price £300,000. Historically healthy occupancy levels, potential to extend, all single rooms, includes 2-bed owner’s/ manager’s accommodation, the care-home can be extended to further 7 beds subject to planning permission. Owner Managed, High occupancy levels, viewing recommended. 44438