Property Title: CARE HOME REGISTERED close to 40 WEST MIDLANDS GT2324

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 10 Feb 2020

Location: West Midlands

Guide Price: £3,650,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2324

Description

A most successful trading Care Home coming to the market after almost 35 years of ownership. The Home is located in an affluent suburb of the West Midlands, is fully managed and offers virtually all single bedroom accommodation and all bedrooms having access to an ensuite wet room with W/C. There is substantial car parking and a large attractive rear garden. Fees average close to £893 pppw with fee income close to £32,152 per week (24 of the 36 residents are privately funded). Operating profit for last financial year circa £583,000. Early viewing essential.