Property Title: Exceptional Nursing Home

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 20 Jun 2022

Location: Devon

Guide Price: 3.95m (Freehold)

Property Agency: Knightstone Healthcare Ltd

Reference: 10308

Description

• High Dependency Nursing Home
• South West location
• 40+ beds - Majority ensuite facilities
• Turnover '21 circa £2.6m with an adjusted net profit of circa £635k
• 12 months '22 Management accounts demonstrate an income of £2.8m with an EBITDA of circa £700k
• Excellent reputation in their field
• Established management team in place
• ‘Good' CQC rating