DescriptionAn established and profitable care home located on the outskirts of Llanelli within easy access to the M4. The detached care home was built in the early 1990s and set over two floors. Most bedrooms are on the first floor, which is serviced by a newly installed lift as well as a separate stair lift. The care home has been thoughtfully laid out with 21 single bedrooms (7 with en-suites), ample day rooms and two conservatories. It has been well maintained throughout and benefits from a private rear garden and a private car park for approximately 10 cars.
LocationLlandaff House is in Llangennech, Carmarthenshire, 6 miles from Llanelli and approximately 12 miles from the City of Swansea, J48 of the M4 motorway at Hendy being about 1.5 miles away via the A4138.
Internal DetailsGround floor
Reception, two day-space rooms, quiet lounge, 2 conservatories, dining room, kitchen, laundry, 2 offices, 4 bedrooms
First floor
17 bedrooms, 1 bathroom, 1 shower room, 2 WC, staff room
External
The home is approached via the carpark, with side lane access to the main entrance through private gardens.
The OpportunityThe care home was originally established in the 1990s by the current owners, and has been family run business for over 30 years with a full time manager recently employed. This well-regarded care home has an enviable reputation for delivering excellent quality care and has a good reputation within the local area. The home maintains a very high occupancy rate, with mainly local authority funded clients and some private self-funded clients, and demand for bed spaces is strong.
The availability of this care home represents an outstanding opportunity for a new entrant into the sector or a local operator seeking to expand their portfolio.
The care home is available by way of a share sale on a debt free cash free basis.
Trading InformationProfit and loss accounts for the year ended 30th April 2024 show an income of £902,613 with a corresponding EBITDA of £263,436. As of August 2024, there were 19 residents in occupation with a current weekly fee income of £20,013, annualising to £1,040,676, with an average fee of £953.
Profit and loss accounts will be made available to seriously interested parties.
RegulatoryThe home is registered with the CIW for a total of 21 adults.