Healthcare Facility for sale

The Farm House, 87 Water Lane, Totton, Southampton, United Kingdom, SO40 3DJ

Guide Price £1,000,000

Property Description

Commercial information

  • Business for sale

Key features

  • Care home registered for 20
  • 14 single & 3 twin bedrooms, 17 en suite
  • Full time manager
  • Weekly fee range 469-937
  • T/O Y/E 31/12/17: 507,359
  • Additional adjacent house with PP for 7 bedrooms, Energy Rating C

Full description

Tenure: Freehold

Description

A Grade II, detached, two storey property with extensions to the side and rear.

Included in the price is 89 Water Lane, currently a residential property. Planning permission has been granted to link the properties and convert into an extra seven bedrooms.

Full time manager employed.

Staff lift access to first floor.

Location

The Farm House is located in a predominantly residential area just to the west of Totton town centre, which has a range of local and national shops, banks and restaurants.

Southampton City Centre with all amenities is easily accessible via the A35. There is direct access onto the M27 at Junction 2 and 3 with links to the M3 and London to the north.

Internal Details

Ground Floor:
Entrance hall, four single bedrooms (three with en suite), two twin bedroom with en suite, dining room, two lounges and a sun lounge.

First Floor:
10 single en suite bedrooms, one twin bedroom with en suite, office and bathroom with WC.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright.

Fee Rates

On the day of instruction there were 16 service users with a weekly fee range of £469-£937.

External Details

To the rear and side of the property is a parking area for four vehicles.

There is an enclosed lawned garden area with a range of shrubs and plants.

The Opportunity

The business is now offered for sale as our clients wish to retire from the sector which they first became involved in during 1988.

It should be noted that the vendors own two other care homes; Lavender House in Weston and Springfield House in Woolston, which are also being sold. The three homes could be bought together or separately.

Staff

The home benefits from a full time manager and a complement of full and part time staff.

Trading Information

Accounts for the year ended 31/12/17 show a fee income of £507,359 compared to the previous year of £420,460.

Planning Permissions

Planning permission has been granted for the adjacent property (89 Water Lane, which is included in the sale of the care home) to be converted into seven additional care bedrooms and to be linked to The Farm House.

Regulatory

The care home is registered with the Care Quality Commission in the categories of Old Age, Dementia and Mental Health for a maximum of 20 service users.


More information from this agent

Nearest stations

  • Totton (0.6 mi)
  • Ashurst New Forest (2.4 mi)
  • Millbrook (2.7 mi)
Distances are straight line measurements from centre of postcode

Floorplans

Map & Street View

Nearest stations

  • Totton (0.6 mi)
  • Ashurst New Forest (2.4 mi)
  • Millbrook (2.7 mi)
Distances are straight line measurements from centre of postcode

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