Property Title: 51093 Supported living with 3 freehold properties - Devon

Property Type: Housing with Care (Supported/Sheltered/Extra Care Housing)

For Sale / Sold: For Sale

Date Posted: 09 Jul 2024

Location: Devon

Guide Price: £4,500,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51093

Description

Well respected, Ofsted registered supported living care business based in Devon - Offers accommodation and support to medium/high-risk young people. Registered for 9 in total. Current occupancy is 7.
Projected turnover for y/e December 2024 is £1,300,000 with an adjusted profit of £850,000 (full occupancy). On a preferred providers list for the local authority. BnM worth in the region of £1,100,000.
Established over two decades ago by the current owners. Three well-presented and beautiful freehold properties. Registered manager in place.
Ideal for existing care groups.