Property Title: UNDER OFFER CARE HOME REG CLOSE TO 40 EAST YORKSHIRE CITY GT2423

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 26 Jun 2023

Location: East Riding of Yorkshire

Guide Price: £2,250,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2423

Description

UNDER OFFER We are delighted to bring to the market a very successful and profitable Care Home. In existing ownership for over 30 years, this represents a genuine retirement sale. The Home enjoys a prominent main road position, close to the centre of this renowned Yorkshire city, which has easily accessible motorway links via the M62, with Leeds and Manchester. The Home is full management operated, has a CQC rating of "Good" in all five categories, an average fee of circa £675 pppw, fee income close to £26,000 per week (38) and a healthy adjusted operating profit for the last financial year of over £420,000. The vast majority of the bedrooms are single with 80% having ensuite facilities.