Property Title: Residential Care Home

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 06 Dec 2019

Location: Lancashire

Guide Price: £1,350,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 47580

Description

Highly respected Residential Care Home (Registered for 25 residents), Lancashire, Fee Income £735,298 per annum (y/e 30.06.2020), impressive EBITDA of £343,305 (46%) - operated with management team, excellent reputation, potential for additional 5 en-suite rooms, historically high occupancy levels, 25 single bedrooms, owner’s retiring, viewing recommended. Ref: 47580