Property Title: NORTH MIDLANDS NURSING HOME REGISTERED FOR 50+ GT2243 Add Property to My Folder
Property Type: Care Home / Nursing Home
For Sale / Sold: For Sale
Date Posted: 10 Nov 2017
Location: West Midlands
Guide Price: 4,500,000 (Freehold)
Property Agency: Lamont Johnson
A long established Nursing Home set in its own substantial gardens and grounds and only now coming to the market for genuine reasons of retirement. The Home is fully management operated offers 50 bedrooms with current fee income of close to £34,000 per week. The adjusted profit for the last financial year is close to £700,000.
It is rare that Homes that generate such profitability come to the market. This represents very good value and early viewing is recommended.
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