Property Title: CARE HOME REG CLOSE TO 25 HAMPSHIRE GT2400

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 25 Oct 2022

Location: Hampshire

Guide Price: £1,750,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2400

Description

A long-established successful Care Home set in substantial gardens and grounds and within a historic National Park. The Home is management operated and has further potential to expand. At this time, a planning application has been lodged for a further 28 beds and at the completion of the build, the revised registration would be 45. Presently, weekly fee income is circa £20,000, excellent average fee of close to £894 pppw and a historic operating profit of £440,000. The asking price is £1,750,000 with a further £250,000 payable if planning approval is obtained for the extension—ideal for a first-time buyer or an existing operator looking to expand.