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Preferred Commercial is delighted to offer for sale this desirable and well established residential care home that has been in our client's hands since 1982 and is now being placed on the market due to retirement. The property is deceptively spacious and is situated amongst other residential and commercial properties and extends considerably to the rear, giving a new owner a number of options to develop either the business or private accommodation. The home is currently registered for 8 people with learning disabilities. The business could benefit from a slight change of use to challenging behaviour residents as there are numerous other rooms not utilised. The property in the past had been a hotel up to 1982. The premises, in our opinion, offer true flexibility. Currently the home has an annual turnover of £184,392 achieving a gross profit of 56.3%. There remains infinite scope to develop turnover further as the business is run very much at a pace to suit our clients. Early discussions with Preferred Commercial must come highly recommended.
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