Superb Quality Care Facility Reg 3 | | Lincoln Lincolnshire | | SUPERB QUALITY CARE FACILITY REG 3 - LINCOLNSHIRE Registered for 3 with possible increase to 4 (STPP) Quiet location in the affluent area of Metheringham | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67104
ADVERT IMPRESSIONS : 9,525 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Care & Nursing Homes | | SALE: | Agent Sale | FREEHOLD: | £215,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB QUALITY CARE FACILITY REG 3 - LINCOLNSHIRE
Registered for 3 with possible increase to 4 (STPP)
Quiet location in the affluent area of Metheringham
Turnover £15,000 pa potential for £60,000 pa
Early viewing highly recommended
Large detached dormer bungalow
Currently run at a pace to suit
FREEHOLD
Location
This superb residential care home is located on a quiet street in the popular and affluent area of Metheringham in Lincolnshire. The care home is surrounded by picturesque countryside yet is just a short distance from the centre of Metheringham. Metheringham is a modern and growing village located near the larger town of Sleaford and the city of Lincoln where you can find all of the major amenities a large city has to offer including shopping, restaurants and recreational facilities. The city of Lincoln is renowned for its historic cathedral and stone built period properties making the city and its surrounding villages a very pleasant place in which to live. Metheringham has strong road links with easy access via the A15 and A47 trunk roads.
Business History
Meridian Business Sales are delighted to offer to the market this residential care home which is currently registered for 3 with the possibility to increase to 4. The home enjoys a good quality rating and is ideal for someone looking to downsize to a smaller care business or indeed for someone looking for a first time opportunity. The business has been established since 2000 and is now only being offered to the market due to our clients desire to take a well earned retirement. Since our clients established the business they have embarked on a full refurbishment program to all areas of the property and business culminating in a true walk-in and trade opportunity. The home has a quality rating from the local authority achieving high levels of care and because of this our client feels it would be possible to increase occupancy levels. Our clients inform us that the turnover is £15,000 for the current year with high gross and net profit margins. The success of the business is largely due to our client providing home from home care. Meridian Business Sales recommends early viewing so as to appreciate the quality of both the reputation and the property available.
Financial Profile
Turnover: £15,000pa
Gross profit: 85%
Tenure
We are advised freehold
Opening Hours
Open all year round
Accommodation
Well presented and maintained detached dormer bungalow under a pitched slate roof offering 5 bedrooms briefly comprising:-
GROUND FLOOR
Main entrance and inner hallway
Large lounge with bay window feature fireplace, quality carpet and decoration.
Fully fitted kitchen with stainless steel appliances and extraction unit
Fully fitted and equipped laundry room set in a conservatory. 2nd conservatory with doors to the garden
1 x bathroom with shower
1 x downstairs toilet, fully tiled
4 x double bedrooms all with wooden flooring and quality decoration
1 x storage room
1 x staircases to first floor
FIRST FLOOR
1 x dormer bedroom with storage to the eaves fully panelled with Velux windows
EXTERNAL
Fully paved rear garden
4 x storage outbuildings
Off road parking to the front
Side access
Solar panels to the roof providing full hot water for the property | | | | | | FOR SALE | | | | | REFERENCE: | 2131 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
