CU022-Freehold Serviced Apartments for sale

Freehold Serviced Apartments and Retirement Care Homes Ref.CU022 Location North Yorkshire Asking Price £ 700,000 Confidentially offered for sale

Asking price includes: Revenue circa £130,000 per annum Profit circa ₤60,000 Revenue from rental, management and facility fees Eleven owned freehold properties Ten sold properties Well established (14 years) Beautiful location Unique in its service proposition Excellent potential Goodwill

Business profile:

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. Click here to view complete information of this business