Care Home located in Devon Market Town

Title: 
Care Home located in Devon Market Town - Learning disability/ physical disability care home Reg 16

Overview of business/asset: 
Situated in a residential location within this Devon market town, the home is just a short walk from the town centre with its wide selection of shops and local amenities. Management operated. Freehold £650,000.

 Turnover:
 Currently weekly fee income circa £9,943.80

No. of staff:
A full complement of 19 staff.

The Joint Administrators, Chris Stevens and Ian Vickers, of FRP Advisory, are offering for sale the business with the following characteristics:

Company profile:
Chantry Care Services - 46 Dean Street, Crediton EX17 3EN

The care home has been established for 16 residents within the category of Learning Disability / Physical Disability.
Accommodation is arranged over two floors. There is a large garden and patio area, storage workshop and some private parking for staff and visitors.

The business operates from two connecting properties of which the main building is believed to be grade II Listed. The larger property is arranged over the ground and first floor and although registered for 11, presently has ten single bedrooms with the eleventh currently being utilised as an office. The neighbouring property, known as The Coach House, has 5 good quality single bedrooms all on the ground floor with a further bedroom on the first floor used as a staff overnight room. A one bedroomed flat with kitchen and bathroom is also located on the first floor (not inspected) this is accessed via an external staircase.

The home is operated on a day to basis by a management company who is assisted by a full complement of full and part time staff.

Opportunities:
This is an excellent opportunity to buy a good local business, with a dedicated team of staff.
Financial information: At the time of inspection there were 13 residents in occupation with a weekly fee income of £9,943.80

Trading information and accounts will only be made to seriously interested parties following an initial viewing.

For further information regarding this opportunity, please contact:
Strictly by appointment only with the Vendors Agents at Head Office 01937 849268.
Under no circumstances is a direct approach to be made to the Vendor. At the time of viewing, potential purchasers must ensure that they are discreet at all times as residents and staff may not be aware that the Business is being offered for sale.

It is requested that you do not discuss any aspect of the Business until you are in a private situation and that you only speak to the Vendors personally.

A copy of the NDEPC certificate is available upon request.

Please note that you will be required to complete and sign a confidentiality undertaking before additional information is provided to you.

Disclaimer
This information is communicated as a guide to assist recipients in deciding whether or not to investigate the above opportunity. It is not intended to form the basis of any transaction. Recipients must make their own independent assessment of the opportunity and should obtain independent professional advice. The above information has been provided by the directors of the company and neither they nor FRP Advisory LLP give any representation or warranty (express or implied) as to its accuracy or completeness.

In the event the sale is via an insolvency process, the Joint Administrative Receiver/ Administrators act as agents of the Company without personal liability.