£900,000 Commercial property for sale Bedford

Amberglobe is delighted to offer to the market this high quality learning disabilities care home registered for 13, which comprises of two adjoining, semi detached properties. The home has been continuously maintained by our client to a high standard and offers its residents a modern and comfortable living enviroment. The care home has built up a very good reputation over the years and enjoys high occupancy levels, this in turn generates a healthy turnover. Accounts for the year end April 08 show fee income at £240,000 and a declared net profit of £58,000.

The business was established in 1986 and is only now being offered to the market due to our client's desire to retire, after running the care home for over 20 years. The care home also benefits from two, 3 bedroom flats, one of which could be used as manager's or owner's accommodation without affecting the current turnover of the business. At the time of inspection the home was operating with 9 residents, so clearly has scope for new owners to increase the occupancy and turnover accordingly. Fees charged presently range from £400-£600 per week.
Early viewing is strongly recommended to appreciate the quality and potential of this business.

PROPERTY DETAILS - Two double storey properties converted into one substantial property, briefly comprising:

GROUND FLOOR 1ST PROPERTY - Hallway
Fully fitted kitchen with new units, dishwasher, refrigerators and cooking facilities
Dining room with good quality furniture
Lounge with comfortable seating and television
Second lounge with comfortable seating and television
W/Cs
Storage

FIRST FLOOR - Landing
Lounge with comfortable seating
Bathroom with new suite
8 residents' bedrooms
W/C

GROUND FLOOR 2ND PROPERTY - Flat one, briefly comprising:
Lounge/diner
3 bedrooms
Bathroom

FIRST FLOOR 2ND PROPERTY - Flat two, briefly comprising:
Lounge/diner
3 bedrooms
Bathroom

EXTERNAL - Parking area to the front
Garage

TENURE - Freehold