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Care Home Registered 24 Tyne & Wear Gt2171 For Sale

Tyne and Wear, UK
Asking Price:
£895,000
Turnover:
Available on request
Net Profit:
Available on request

An ideal first time purchase, this management operated 24 registered Home has been in existing ownership for almost 20 years. A charming Home in a quiet tree lined avenue, offers 21 bedrooms, a passenger lift and a CQC rating of "Good" in all 5 categories. Fees range from £664-£686 pppw and with 19 residents fee income is close to £12,800 per week. The last trading accounts for the y/e 31.01.21 confirm gross annual fee income of £677,764 and an adjusted operating profit of £167,505. An excellent first time opportunity and early viewing recommended.

Property Information

Property:

Freehold

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