Healthcare Facility for sale

Plas Garnedd Care Centre - LL55

£1,399,000

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive detached residential care home (registered for 27)
  • Fee income £666,917 per annum (y/e 31.08.16), EBITDA £249,198 (37%)
  • P/P for 24 single beds, extensive grounds, 3 bedroom detached bungalow
  • Convenient yet peaceful setting with stunning views, high occupancy levels, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
A rare opportunity to acquire an impressive freehold Residential Care Home, situated in the delightful village of Llanberis which lies at the foot of Snowdonia within the national park.

Plas Garnedd Care Centre occupies a peaceful elevated location, with stunning views of the lake and mountains and is set amongst extensive grounds. Despite enjoying such a quiet and idyllic setting, the home is also ideally positioned within a short walk of the village centre, with its selection of shops, restaurants and amenities with public transport facilities and the major commuter routes close at hand.

Having been in present ownership since 2004, the home has earned a truly enviable reputation for offering excellent standards of care, support and dignity ensuring regular referrals and recommendations.

Plas Garnedd Care Centre demonstrates an excellent trading record, with historically high occupancy levels at or approaching capacity.

There is a complement of experienced and qualified care staff in place, which is another factor in the home's success and reputation.

Plas Garnedd Care Centre operates from a substantial and imposing two storey detached property that has been updated, providing spacious and versatile accommodation which is superbly appointed throughout.

Planning permission was granted in 2015 for an extension to create a further 24 en-suite single bedrooms. We recommend all interested parties contact the local planning department to ascertain the exact nature of this. There is also ample space for further future development.

Also located within a short distance of the home is a recently constructed spacious 3 bedroom detached cottage which would be ideal for an on site owner operator or manager.

Plas Garnedd Care Centre is a successful business generating impressive levels of fee income and excellent associated audited profits and would therefore be an ideal acquisition for an ambitious hands on owner operator or also pr

REGISTERED NUMBERS
Registered for 27 residents with 26 rooms.

WEEKLY FEES
Fees range from £465 - £509

Sales
Available accounts are to year end 31st August and are summarised below:
2016 - Fees £666,917
2016 - Adjusted Net Profit £249,198.


STAFF
Managed by the owners with a manager and full/part time staff.

Building External
The highly visible and imposing two storey detached property has been updated and provides spacious and versatile accommodation which is superbly presented throughout.

Building Internal
The spacious and inviting accommodation is beautifully appointed throughout with tasteful, attractive décor creating a warm and welcoming environment. The versatile accommodation briefly comprises:

A comfortable residents' lounge with access to the patio, quiet lounge, dining room/ conservatory, beauty salon, comprehensively appointed kitchen with a range of quality commercial catering equipment and a manager's office.

The twenty-five single and one twin bedroom are located across both the ground and first floors of the property with the benefit of a passenger lift. All bedrooms are well presented with quality furniture and furnishings. In addition to the main rooms, there are ample bathroom and toilet facilities.

Externally there is a laundry/ boiler room and a useful workshop. The home stands in extensive and established grounds with lawned gardens, patio area and car parking for a number of vehicles.

RESIDENTIAL ACCOMMODATION
Also located within a short distance of the home, is a recently constructed spacious 3 bedroom detached cottage, which would be ideal for an on site owner operator or a manager. The vendor also owns an executive 5 bedroom detached dwelling, located within walking distance of the home which could also be available to any purchaser by separate negotiation if required.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is a rare opportunity to acquire a highly lucrative business with a valuable freehold property, which is located in such an idyllic and peaceful setting.

SHARE SALE
The business is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company.


Nearest station

  • Bangor (7.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Bangor (7.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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