Business for Sale in CHARD, Somerset RESIDENTIAL CARE HOME

Key Information

Reference

M35616X

Tenure

Freehold

Status

For Sale

Region

Somerset

Sector

Residential Care Homes

Annual Sales

£326,441.00 Exc. VAT

Accommodation

Yes

Business Information

Modern RESIDENTIAL CARE HOME, situated in easily accessible SOUTH SOMERSET developing town, located on the outskirts of CHARD town centre which is within walking distance. Set on a popular residential housing estate, enjoying a leafy aspect, bordering countryside, yet within easy reach of major towns, cities and desirable coastal destinations, the borders of both DEVON and DORSET close by.

A versatile 2 storey property, extended over the years, occupying a substantial plot, offers scope for further extension/additional dwelling subject to obtaining the necessary permissions. Registered for 8, provides residents kitchen, dining room, sitting room/conservatory, 7 bedrooms (5 en-suite), with scope to bring 8^th bedroom online, 2 communal bathrooms.

Additional adjoining owners/staff facilities, comprising self-contained annexe offering kitchen, sitting/dining room, bedroom with en-suite bathroom. Separate staffroom/office, utility area, shower room/cloakroom, and store. Private enclosed owners garden, plus large, enclosed residents garden complete with patio offering seating, summerhouse/store, shed, and driveway providing car parking.

Established business, under current ownership in excess 25 years, providing care for adults with learning disabilities. Currently accommodating 5 long term residents to suit the personal circumstances/lifestyle of the owner, the 2 currently vacant en-suite bedrooms could easily be filled. Income 2023/2024 £326,441 from 5 residents, still returns Net Profits in excess of £120,000. Potential to increase income towards £500,000 from letting of additional rooms, boosting Net Profits considerably.

Freehold £725,000 sav, Ref: M35616X