Property Title: UNDER OFFER CARE HOME REGISTERED FOR 17 STAFFORDSHIRE GT2333

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 21 Aug 2020

Location: Staffordshire

Guide Price: £845,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2333

Description

UNDER OFFER Management operated Care Home in existing ownership for over 18 years and enjoying a prominent main road position in this busy Staffordshire town.  CQC "Good" rating. The Home benefits from 15 residents bedrooms, has a full passenger lift and normally enjoys excellent occupancy levels. The Home is trading full with 17 residents, with 100% occupancy fee income was at or close to £11,438 per week(17).  The trading accounts for the last financial year confirms gross fee income of £574,000 and an adjusted operating profit of circa £190,000.  Excellent value and early viewing recommended.