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Nursing Home Reg 50 Tyne & Wear Gt2367 For Sale

Tyne and Wear, UK
Asking Price:
£1,395,000
Turnover:
Available on request
Net Profit:
Available on request

A rare opportunity to acquire a quality and successful nursing home, set in spacious grounds of around 2.5 acres. The home has been in existing family ownership since 1986 and only now comes to the market for genuine reasons of retirement. The home is located in a very pleasant village in a delightful woodland setting, with panoramic views to the rear and yet close to the centre of the city of Newcastle. The home is fully managed, has a CQC rating of "Good" in all five categories and offers 46 single and just 2 twin bedrooms, 18 having ensuite facilities. Fees range from £606-£916 pppw and with 46 residents fee income is close to £33,588 per week. This home at the asking price represents excellent value for money and early viewing is recommended.

Property Information

Property:

Freehold

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