Property Title: Project Hughes - Residential Care Home Registered for 25

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 07 Nov 2024

Location: Towcester, Northamptonshire

Guide Price: £1,800,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51257

Description

Redwoods Dowling Kerr are delighted to present Project Hughes a care home based in Northamptonshire. The business is well-established and offers its services to clients across the region. The vendor now wishes to focus on other business interests, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis with a leasehold option also available.
Turnover for year end 30/06/2024 is £816,828 with an impressive EBITDA
The business has a total of 24 rooms, accommodating 26 service users. 14 of the rooms have attached ensuites.
Well-established in the region having operated for over 15 years and having gained an excellent reputation in this time.
Currently operating with 23 service users in place.
The care home is excellently situated in a small, picturesque village, close to local amenities and transport links.
The business is offered to the market as both a freehold and leasehold opportunity, with the vendor also owning two additional properties in the grounds of the care home, used for staff accommodation. Viewing Highly recommended