Property Title: 50833 Elegant Freehold Care Home - Suffolk

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 27 Feb 2024

Location: Suffolk

Guide Price: £4,800,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50833

Description

Freehold Residential Care Home (Registered for 45 residents all singles with 41 En-suites) currently occupied for 35 bedrooms)
Annualised Turnover for year-end March 2024 IRO £1,718,861 with an impressive EBITDA of £786,480
Experienced long-standing management team and qualified staff with a Registered Manager in Place. With owner/managers' accommodation 70% private and 30% local authority.
Rated ‘Good’ across all areas by CQC. Elegant country home set in 4 acres of landscaped grounds.
This is an excellent opportunity to acquire a highly respected residential care home for the elderly which is located in a picturesque and much sought-after seaside town in Suffolk and is the only care home in the town.