Business description

DUAL REGISTERED CARE HOME (REG 30) DEVELOPMENT OPPORTUNITY
Awaiting planning permission for new detached 42 bed dual registered care home
Owners 4 bed stone detached house (not including in price)
4 twin rooms (2 en-suite), 22 single rooms (6 en-suite)
Fee income £562,707 (07), fees £339-£474 per person
West Yorkshire close to motorway network
Superb development opportunity
Genuine retirement sale
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this highly regarded, old established and substantially profitable dual registered care home which has been under the careful ownership of our clients for the past 4 years and is now reluctantly being placed on the market due to pending retirement.

During their stay our clients have worked extremely hard in developing the business and have built up an excellent reputation with the local authorities which is reflected in trading on 98% occupancy. The homes reputation is founded on a high standard of 24 hour care given by dedicated and highly professional staff, offering varying degrees of care suited to the individual residents needs.

The home sits in approximately 1 acre of private grounds which our clients decided to take advantage of and instructed a top firm of architects some 12 months ago to design and plan a proposed purpose built 42 bed detached dual registered care home within the grounds which has recently been submitted to Calderdale Council for approval.

Our clients have advised us that the total cost of the project so far has been in the region of £50,000 which will increase if there are any amendments required to the proposed plans.

The home is currently operated by our client who employs 1 full time manageress in addition to 16 full & 13 part time staff which results in a wage bill for year end March 07 of £376,169. This is a superb business opportunity we feel for any purchaser looking to invest in this market sector capable of providing substantial long term financial rewards.

Property information

Property:

Freehold

Living accommodation:

The home comprises an extended 2 storey building of solid stone construction with pitched, hipped and gable slate covered roofs which also incorporate a bell tower to the main building. There is also a 4 bed stone built detached house with conservatory extension used for current owners, accommodation (not included in sale price) GROUND FLOOR Front entrance porch into main reception hall briefly comprising:- 9x single rooms of which 4 are en-suite 2x twin rooms of which 1 is en-suite Residential lounge Dining room Nurse/matron office Kitchen purpose fitted Staffroom Staff toilet Locker room Cleaning cupboard Toilet/wet room W/C 2x lifts FIRST FLOOR 13x single rooms 2 of which are en-suite 2x twin rooms 1 of which is en-suite Lounge, dining room, nurses office, 2x toilet wet room, W/C, laundry room, linen room, bathroom, sluice room, access door to bell tower used for storage EXTERNAL The home sits in approximately 1 acre of land accessed by side drive. Large front car park enclosed by numerous mature trees, borders and partly lawned. Single storey detached garage to side and secondary lean to garage with additional out building used as a workshop. There is also a 4 bed detached house situated at the entrance to the home.

Location:

The business is situated in the West Yorkshire village of Rastrick, near Halifax. It is perhaps best known for its association, along with its neighbour Brighouse with the Brighouse and Rastrick brass band. Rastrick is bordered by the A643, the M62 motorway and the A629 Elland bypass. From there it is neighboured by the towns of Brighouse, Elland and the villages of Fixby and Ainly Top, as well as being within easy access of Huddersfield, Dewsbury, Bradford and Leeds.