Healthcare Facility for sale

Tenure: Freehold

Location
Picton Court Care Home occupies substantial detached premises set in 2 acres of land, ideally located on the outskirts of Llandovery, Dyfed. The premises benefit from ample private parking and are surrounded by picturesque countryside. The town centre is close by and there are numerous bus stops and a railway station within easy walking distance. Llandovery lies on the edge of Brecon Beacons National Park, while the River Towy runs through the town. The business boasts easy access to the A-road network, including the A40 and the A483, while the M4 motorway is approximately 24 miles to the south. Llandovery is a popular tourist and bikers destination, famous for its castle and is also a desirable place in which to live and work. Carmarthen lies less than 25 miles away and the city of Swansea is approximately 35 miles to the south.

Business History
Preferred Commercial is pleased to offer for sale this popular care home, which was established in 1990 and which has been in our client's careful hands since 2004. The care 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 £243,000 per annum with a gross profit of 46%. Our client offers care to the elderly and is registered for up to 15 residents. We have been advised that there is planning permission in place to extend the premises and introduce 10 further residents' rooms, a hair salon and a staff office, which would increase the turnover. There is also the potential to establish a website advertising services provided. The business has an excellent reputation and is renowned for offering high quality care. The premises are well-equipped to suit the trade with 14-resident's rooms, 12 of which have en-suite facilities, and 1-bedroom staff accommodation. There is also a commercial kitchen, dining room, spacious lounge and 2 acres of grounds. This is an ideal opportunity to acquire an already busy care home with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £234,000 approx.
GP: 46%

Opening Hours
All year round

Accommodation Details
Substantial detached 3-storey care home premises set in 2 acres of grounds. Briefly comprising:

Ground Floor
• Entrance hall with stairs and access to ground floor rooms
• Residents' dining room with banquette table and chairs and a bar, which is currently not used
• Lounge with feature fireplace, original features and a large bay window
• Office with 2 x desks
• Commercial kitchen with 6-burner hob and oven, microwave ovens, fryer, Bain Marie, preparation worktops, dishwasher, refrigerators, freezers, sinks and wash hand basin
• 4 x resident's rooms, 2 with en-suite shower facilities
• Bathroom with bath and shower
• WC with wash hand basin
• Visitors WC with wash hand basin

First Floor
• 10 resident's rooms all with en-suite shower facilities

Second Floor
• 1-bedroom manager's flat with lounge, kitchen and bathroom
• Large store room

External
• 2 acres of grounds with woodland and lawn areas
• Parking for up to 10 vehicles

Tenure
Advised freehold