| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 13,947 TIME(S)
BUSINESS REFERENCE : 10287 / RightBiz LEASEHOLD CHILDREN'S CARE HOME FOR SALE IN LONDON | | | | | | Children's Care Home London T/O: £520,000 pa GP: 70% approx Good condition throughout. Unique opportunity. Leasehold: £1,200,000 + SAV | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Care | | TRADE TYPE: | Care & Nursing Homes | | SALE: | Agent Sale | LEASEHOLD: | £1200000 | ANNUAL RENT: | £36000 | | | | | | | | | | | BUSINESS DETAILS: | Location
This excellent children's care home is ideally located in a prime position in south east London. The area boasts good schools and hospitals plus excellent leisure and shopping facilities with easy access to the city via the strong road and rail links. The care home is situated in a mainly residential area on a quiet path surrounded by other complementary housing.
Business History
Bag A Business is delighted to be able to offer to the market this quality children's care home. The care home was established by the present owners in 2004 and is only now being offered to market due to their strong desire to retire. The home was an instant success, with full occupancy from day one, and has carried on this way up until the present day with a weekly turnover of £9,615 with a gross profit margin of 70%. The home is management run by a dedicated and well respected staff, giving the residents a friendly and secure atmosphere. The property is in a constant refurbishment program making all areas high quality, whether it be decor or furnishings. The business has recently been inspected by the local authority; they found no reasons for concern and passed the home with an excellent clean bill of health. Bag A Business recommends early viewing on this home so as to appreciate the existing quality and scope for future growth of this children's care home
ACCOMMODATION DETAILS
Mid terrace 5 bedroom town house. Briefly comprising:
GROUND FLOOR
Main Entrance leading to inner hall.
Shower room and toilet.
Large lounge.
Dining room.
Fully fitted kitchen
Conservatory
Office.
Staircase to first floor.
FIRST FLOOR
Landing leading to -
3 x double bedroom with furniture.
Single room with furniture.
Double room with en-suite shower room.
Fully fitted modern bathroom.
EXTERNAL
Rear Garden.
Patio area.
Storage sheds.
Lawn area.
FINANCIAL PROFILE
W/T: £9,615 approx
GP: 70% approx
TENURE
Tenure: Leasehold
Original lease length 10 years
Remaining lease length 6 years
Review every 5 years
Rent £36,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10287 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
