Residential Care Home In East Yorkshire Seaside Resort | | Undisclosed East Riding of Yorkshire | | Residential home. East Yorkshire. T/O: £393,000 GP: 65% Scope to increase turnover. Ideal location. 20-residential rooms. Well-equipped. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66512
ADVERT IMPRESSIONS : 20,068 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Care & Nursing Homes | | SALE: | Agent Sale | FREEHOLD: | £700,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This residential home occupies substantial 3-storey premises, ideally located on the outskirts of an East Yorkshire seaside resort. There are a number of complementary shops and business in the area, along with bus stops and a railway station. The business enjoys ample off-street parking, picturesque sea views and boasts easy access to the A-road network.
Business History
Preferred Commercial is delighted to offer for sale this established residential home, which began trading in 1990 and which has been in our client's careful hands since 2004. The residential home is only now offered to the market due to our client's other business interests. The business trades all year round and generates a turnover in the region of £393,000 per annum with a gross profit of 65%. We feel the turnover could be increased by embarking on a modest marketing campaign and perhaps introducing a website. The residential home is registered to care for 22 residents with 18 single bedrooms and 2 companion rooms. The business has an excellent reputation and is renowned for providing a high level of care. The premises have been well-maintained and finished to a high standard throughout and all resident rooms include en-suite facilities. This is an ideal opportunity to acquire an already well-established residential home in a sought after area and with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £393,000 approx.
GP: 65%
Opening Hours
All year round
Accommodation Details
Substantial 3-storey premises with 20 residents' rooms all with en-suite facilities. Briefly comprising:
Ground Floor
• 5 x single bedrooms
• Commercial kitchen with oven, shelving, microwave oven, dishwasher and preparation table
• Dining room with tables and chairs for up to 22 covers
• Lounge with TV
• Quiet room
• 2 x WCs with wash hand basins
• Lift to all floors
First Floor
• 2 x apartments with double bedrooms
• Single apartment
• 4 x single bedrooms
Second Floor
• Single apartment
• 7 x single bedrooms
• Bathroom with disabled bath
Cellar
• Large storage area used for laundry
External
• Patio area to front and side
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2628 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
