Property Title: 50691 Dementia Residential Home - Somerset

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 07 May 2024

Location: Somerset

Guide Price: Bids Invited (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50691

Description

Residential Care Home registered for 24 residents with (OPMH) Elderly, Dementia, Learning Disabilities, and Mental Health care.
Annual Turnover for Y.E 2023 £1,275,000 with growing profitability.
Valuable freehold detached property with a front garden
60% local authority clients and 40% private.
Well-established residential care home situated in popular Somerset town. Run under ownership for over a decade. Registered for 24 residents. Annual Turnover for Y.E 2022 £1,177,277 with growing profitability. Potential to increase the registration STPP. Valuable detached property. The manager runs with limited owner input. Peaceful location within Somerset. Registered for the Elderly, Dementia, and OPMH care. Viewing is highly recommended. Freehold Ref: 50691