Property Title: Care Home - Shropshire

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 09 Sep 2019

Location: Shropshire

Guide Price: £899,950 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 47392

Description

A delightful Residential care home which is situated in Shropshire. Registered for 16 residents. Fee income circa £569,868 per annum (y/e 31.07.20) with EBITDA of £191,385 (32%). The home has been successfully operated by the present family for many years and during that time has earned a truly enviable reputation for providing excellent standards of care, support and dignity within a warm, friendly environment.
The business also offers a day care service which is growing in popularity week upon week and brings an additional highly profitable income to the business. There is additional scope for increasing the registered numbers by converting the barns into additional rooms.
The business is set within 2.5 acres of land and has private detached two storey living accommodation.
Only now being offered for sale due to reluctant retirement, a viewing is highly recommended to avoid disappointment. Ref: 47392