Business for sale in United Kingdom – North Yorkshire – County of North Yorkshire – Cu022-freehold serviced apartments and retirement care homes-north yorkshire

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Business for sale in United Kingdom - Cu022-freehold serviced apartments and retirement care homes-north yorkshire

Asking Price: 700,000 £ Real Estate: Ownership
Sales Revenue: 130,000 £
Net Profit: 60,000 £
Year Established: 1997
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of North Yorkshire/North Yorkshire

Business types:

Health care

Business categories:

Assisted Living Facilities ; Social Services

Business description

this is an excellent opportunity to aquire a well established business, which has a unique service proposition established in 1997, this privately owned company has gradualy evolved,.offering a choice of serviced appartments for the retired. There are two options for the elderley, either to rent the appartment or to buy. On the site there are in total 21 appartments, of which ten are sold and ten are currently rented. There is one other appartment which is occupied by the on site manager and his wife. There is a communal day room which is also used as the dining room for the residents. The manager and his wife look after all aspects of the daily running of the site, including cooking, cleaning,servicing,laundry and all other jobs. Revenue comes from the weekly rental of the appartments, on average £290 per week, and a yearly service charge of £600 for the owned appartments plus a ground rent of £100 per year.

Additional information

Additional information: Not Disclosed
Support & training: The owners would be happy to help out with a smooth sale transition of the business and help in anyway possible.
Reasons for selling: The owner would like to concentrate on his other business interests
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: There are twenty one apartments and a day room situated in a large courtyard in the beautiful, Vale of York. Ten of the apartments have been sold with ten apartments which can either be used for renting out or for sale. The other apartment is used by the on site manager and his wife. There is a day room, which doubles up as a dining room and there is a good sized adjoining kitchen. Outside the apartments is a lovely well kept courtyard with chairs, tables and parasols for the residents to enjoy the peace and quiet of the area.

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