No Mortgage Required - 10% Secures Residential Care Home Business Opportunity | | Lincoln Lincolnshire | | £48,000 secures this SPECIALISED Care Home for adults with PHYSICAL and MENTAL DISABILITES. No mortgage application required.10 Rooms - min £500 per person per week with basic care (£260,000pa) * Opportunity to Buy, OR * Joint Venture with operator Freehold to buy No Mortgage Required - 10% Secures Residential Care Home Business Opportunity is located in Lincolnshire. | | ADVERT NUMBER : 43053
ADVERT IMPRESSIONS : 20,303 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Care & Nursing Homes | | SALE: | Private Sale | FREEHOLD: | £479950 | | | | | BUSINESS DETAILS: | £48,000 secures this SPECIALISED Care Home for adults with PHYSICAL and MENTAL DISABILITES under a vendor finance arrangement (no mortgage required). * Opportunity to buy, OR
* Joint Venture with operator seeking money partner. The vendor will finance the balance of £431,995 (90% of purchase price) at a competitive rate of 5.5% per annum. Compare this with going to the bank to get commercial finance where you would need a deposit of between £144,000-£240,000 (50%-70%LTV). Free up your capital to invest in getting this business opportunity up and running. Minimise your capital invested - maximise your Return on Investment (ROI). This business should value as follows depending upon the level of occupancy:
50% Occupancy: Valuation of £650,000
75% Occupancy: Valuation of £750,000
100% Occupancy: Valuation of £850,000
10 rooms with ensuites which will demand a minimum of £500 per person per week with basic care provided (min £260,000 p. A. At 100% occupancy). Additional revenue streams can be added if developed as a daycare hub for those with special needs, or to cater for residents with more specialised needs. For new and established investor interested in taking this business opportunity, a tailored support package can be provided to aid you in planning, growing and managing the financial aspects fo the business. Ask for details. The Property:
A detached property which has been recently converted to a residential care home offering purpose built accomodation for adults with learning disabilities and associated needs and physical disabilities. The accommodation includes 10 bedrooms with en-suite facilities, 5 reception rooms, staff bedroom, laundry room and catering breakfast kitchen. The property offers full disabled access including lift to first floor, emergency pull cord system, fire alarms and emergency lighting. The outside provides extensive off street parking and brick built outbuilding. Overview
A substantial, detached property which has been recently converted to a residential care home, registered with CSCI offering purpose made accomodation for adults with learning disabilities and associated needs and physical disabilities. The accomodation includes 10 bedrooms with en-suite facilities, 5 reception rooms, staff bedroom, laundry room and catering breakfast kitchen. The property offers full disabled access including lift to first floor, emergency pull cord systen, fire alarms and emergency lighting. The outside provides extensive off street parking and brick built outbuilding. Entrance Hallway
Having wheelchair access, upvc windows to side and radiator with cover. Store Room
Housing water tanks and gas meter. Boiler Room
Housing Hamworthy Purewell boiler. Office (6' 7'' x 5' 9'' (2.01m x 1.75m))
Having upvc window to side aspect. Family Room (11' 2'' plus door recess x 5' 9'' (3.4m x 1.75m))
Having upvc window to front access and central heating radiator with cover. Catering Breakfast Kitchen (18' 11'' x 13' 8'' (5.77m x 4.17m))
Having tiled flooring, windows to front and side aspects, x2 stainless steel sink drainer units (one suitable for wheelchair user), breakfast bar and a range of base and eye level units with matching work surfaces and tiled splashbacks. Inner Hallway
Having door to rear aspect, stairs to first floor, cloaks cupboard, electric cupboard, Vimec disabled access lift to first floor and wheelchair access to front. Communal Living Area (18' 10'' x 14' 0'' (5.74m x 4.27m))
Having windows to rear and side aspects, telephone point, wall mounted radiators with covers and feature fireplace with stained pine surround. Communal Dining Area (10' 11'' x 10' 10'' (3.33m x 3.3m))
Windows to rear aspect and central heating radiator with cover. Laundry Room (9' 4'' x 7' 8'' (2.84m x 2.34m))
Having door and window to front porch, stainless steel sink drainer unit, non slip floor, tiled splashbacks. Bedroom 1 (15' 3'' x 10' 11'' (4.65m x 3.33m))
Having double glazed window to rear aspect, emergency pull cord and central heating radiator with cover. En-Suite (8' 10'' x 7' 10'' (2.69m x 2.39m))
Having disabled access, panelled bath, low level w/c, sink unit, safety radiator, emergency pull cord and non slip flooring. Visitors w/c
Having glass bowl sink unit, low level w/c, window to rear aspect and central heating radiator with cover. Bedroom 2 (12' 8'' x 10' 8'' plus door recess (3.86m x 3.25m))
Radiator with cover, emergency pull cord, radiator and window to rear aspect. En-Suite
Having non slip flooring, tiled shower cubicle, low level w/c, glass bowl sink unit, radiator, emergency pull cord and window to side aspect. Bedroom 3 (14' 7'' max measurement including en-suite x 13' 8'' max (4.44m x 4.17m))
Built in cupboard, radiator with cover and window to side aspect. En-Suite
Window to side aspect, glass bowl sink unit, low level w/c, emergency pull cord, safety radiator and tiled shower cubicle. Bedroom 4 (14' 3'' x 10' 5'' (4.34m x 3.18m))
Having upvc windows to side aspect, emergency pull cord and central heating radiator with cover. En-Suite
Emergency pull cord, non slip flooring, bath, low level w/c, sink unit, safety radiator and window to side aspect. Emergency Fire Exit
Door to car park
Reading Room
Window to front aspect and central heating radiator with cover. First Floor
Landing
Having access to loft space and Vimec disabled lift to ground floor. Bedroom 5 (13' 7'' max x 13' 4'' max (4.14m x 4.06m))
Having window to front aspect, emergency pull cord and central heating radiator with cover. En-Suite/Wet Room
Having non slip flooring, shower, low level w/c, glass bowl sink unit, emergency pull cord, safety radiator and extractor. Bedroom 6 (14' 3'' x 11' 0'' plus disabled access lobby area (4.34m x 3.35m))
Having radiator with cover, double glazed windows to rear and side aspects and emergency pull cord. En-Suite/Wet Room
Emergency pull cord, shower, low level w/c, glass bowl sink unit, safety radiator, window to side aspect and non slip floor. Bedroom 7 (15' 7'' max x 11' 0'' (4.75m x 3.35m))
Window to rear aspect, radiator with cover and emergency pull cord. En-Suite (8' 4'' x 7' 5'' (2.54m x 2.26m))
Having non slip flooring, low level w/c, tiled shower cubicle, glass bowl sink unit, radiator and emergency pull cord. Bedroom 8 (15' 7'' max x 10' 11'' (4.75m x 3.33m))
Having emergency pull cord, window to rear aspect and radiator with cover. En-Suite
Having glass bowl sink unit, window to rear, safety radiator, low level w/c, tiled shower cubicle, non slip flooring and emergency pull cord. Bedroom 9 (14' 3'' excluding disabled access lobby x 11' 0'' (4.34m x 3.35m))
Window to rear and side aspects, emergency pull cord and radiator with cover. En-Suite/Wet Room
Non slip flooring, shower, low level w/c, glass bowl sink unit , safety radiator and emergency pull cord. Bedroom 10 (13' 7'' max x 13' 8'' (4.14m x 4.17m))
Having window to front, emergency pull cord and radiator with cover. En-Suite/Wet Room
Window to front aspect, non slip flooring, low level w/c, glass bowl sink unit, shower, safety radiator and emergency pull cord. Staff Bedroom (7' 8'' x 8' 0'' (2.34m x 2.44m))
Having upvc window to front aspect and radiator with cover. Communal Bathroom
Having storage heater, window to front aspect and three piece white bathroom suite comprising low level w/c, sink unit and pannelled bath. Tea Room
Having stainless steel sink drainer unit with cupboards under, roll top work surfaces with tiled splashbacks and window to front aspect. W/C
Having window to front aspect, low level w/c and glass bowl sink unit. Outside
The property is approached via gated access and offers extensive block paved and gravelled parking area wheelchair ramp access to property. Lawned garden area to the side and rear of property. Outbuilding (15' 4'' x 8' 7'' (4.67m x 2.62m))
Having both power and light. | | | | | | WITHDRAWN FROM MARKET - AWAITING DELETION | | | | | | | | | | | |
