Property Title: UNDER OFFER 2 CARE HOMES REG 85 YORKSHIRE GT2429

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 16 Aug 2023

Location: Yorkshire & The Humber

Guide Price: £2,650,000 (Freehold)

Property Agency: Lamont Johnson

Reference: GT2429

Description

A unique opportunity to acquire two separate Care Homes in very attractive village settings, within easy driving distance of Leeds, York and Hull. In existing ownership for over 20 years, with a total registration of 85, all single bedrooms, 32 having ensuite facilities.
The homes are both well maintained, tastefully decorated and fully management operated and have a current CQC rating of overall "Good" for each home. Fees average £765 pppw, with fee income presently close to £53,000 per week (82% occupancy). Annualised profit based on 9 months trading, circa £480,000. There is considerable scope for development/improvement and there is historic but expired planning permission to extend further. Ideal opportunity for a regional operator looking to expand in the North.
Early viewing is essential and recommended by the sole agents.