Property Title: 50571 Residential Care Home - Suffolk

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 13 Nov 2023

Location: Suffolk

Guide Price: £625,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50571

Description

Elderly care home registered for 15 service users
Turnover for 30/06/2024 is £538,345 with an adjusted EBITDA of £54,913
Substantial detached property with 11 single rooms and 2 twin although trading for 13 service users using the twin rooms as premium singles
Limited competition locally with close proximity to the beach and town centre.
Historic manager run with daily owner input and the same ownership since c. 1989
Well-established residential care home established c. mid-1970s. Registered for 15 service users although trades at 13 within 13 single bedrooms. Situated in Suffolk. Ideal opportunity for hands-on owners. Home from home feel. Presented in good condition throughout. Valuable freehold property. Retirement. Viewing is highly recommended.