Property Title: CARE HOME REGISTERED FOR 25 KENT COAST GT2341

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 28 Sep 2021

Location: Kent

Guide Price: £2,650,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2341

Description

A long established family operated home in existing ownership for many years, only now coming to the market for genuine reasons of retirement. The home is management operated and benefits from a CQC overall rating of "Good". There are 24 residents bedrooms, 21 having ensuite facilities, fees range from £650-£1200 pppw and fee income at or close to £20,000 per week, with an average fee of circa £900 pppw. This very successful business confirms an operating profit for the last financial year of circa £485,000 and would suit either a first time buyer or an existing operator looking to expand their operation. Early viewing recommended, this home will surely not be available for long.