Property Title: Group of 2 Boutique Style Care Homes

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 16 Jan 2018

Location: Cumbria

Guide Price: £3,500,000 (Freehold)

Property Agency: Cooper Healthcare

Reference: CH2550

Description

Group of 2 Boutique Style Care Homes – Residential, EMD, Total Registration 51 Older Persons Average Fees of £728 per resident per week, Consistently high occupancy levels, Projected Turnover for the year ending September 2018 circa £1,615,000; ? Projected EBITDA for the year ending September 2018 circa £508,625; Both homes have been established for over 25 years and Potential to expand both homes.