Freehold 9 Bedroom Residential Care Home and Community Care Agency Located In Cornwall

St Agnes, TR5 0UY
£849,950 plus SAV
Business ID:
  • Ref: 2432
  • Type: Care
  • Availability: For Sale
  • Veritas Categories: Care
  • Business ID: 2432
  • Price Postfix: plus SAV
  • Commercial Tenure: Freehold
  • Commercial Price: 1450000
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Property Features

  • Established Business
  • Ideal Bolt On
  • Freehold
  • Profitable
  • Good CQC Rating
  • 9 Bedroom Residential Care Home & Community Care Agency

Full Details

Freehold 9 Bedroom Residential Care Home & Community Care Agency Located In Cornwall
Set in 1/3 Acre
Ref 2432

This respected Residential Care Home & Community Care Agency is located in the Cornish sea side village of St Agnes. The Village has a population of circa 7,565 and sits in both a designated Area of Outstanding Natural Beauty and a World Heritage Site which produces high levels of tourism footfall, especially during summer months. St Agnes has a thriving and creative local community which supports lots of independent retailers and businesses. Add beautiful, dog-friendly beaches, world-class pubs and restaurants, and access to some of the county's most stunning coast paths and walks. The City of Truro is 7 miles to the west and the popular town of Newquay is 11 miles to the north. The main A30 trunk road from Exeter to Penzance passes within a couple of miles so make it easily accessible.

Asking Price: £849,950 plus SAV (£2,000)
Turnover: £531,024 pa

Business Description
Veritas Business sales are delighted to offer for sale this well established Residential Care Home & Community Care Agency which is located in St Agnes. These premises have been used as a residential care home for the past 50 years and have been in the careful hands of the current owners for the past 28 years. The business is only being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated with the help of a great team of 5 full time & 22 part time members of staff and has an annual turnover of £531,024 with a GP of £502,353. Rowans Care Home can accommodate up to 9 residents and the community care covers many of the local areas and provide help at home for both day to day care and end of life complex care. Their most recent CQC inspection report resulted in an overall GOOD rating with good outcomes in all five inspection areas. The business has historic accounts that show the business is trading consistently well with similar levels of EBITDA. This is a superb opportunity for an existing operator to expand through acquisition and as such early viewing is highly recommended as this is not to be missed.

Ground Floor
Main entrance
Day Room/ Lounge (4.6m x4.2m) with various armchairs, settees and activity room.
Dining Room (4.2m x 3.4) comprising: dining tables & chairs, book case, piano and various pictures.

Kitchen (3.5m x 3.2m) comprising: built in kitchen floor and wall units, dishwasher, 8 burner cooker (Statford), sink with drainer, upright fridge/freezer (Indesit), hot water dispenser (Swan), toaster, various cooking utensils, various shelves and microwave.
Utility Room (4.1m x 2.6m) comprising: washing machine (Beko), dryer (Beko), washing machine and chest freezer Hallway.
Wet Room (1.9m x 1.7m) with W/C, shower and wash basin.
Boiler Room with hot water tank.

Ground Floor
Bedroom 6 (3.6m x 3.4m) en-suite
Bedroom 7 (4.6m x 4.0m) en-suite
Bedroom 8 (4.3m x 2.6m) with wash basin
Bedroom 9 (5.4m x 3.4m) shower en-suite and private garden
Bedroom 10 (3.4m x 6.2m) shower en-suite

Mature gardens to the frontage. Double garage to the rear.
Domiciliary Office with all usual office requirements

First Floor
Bathroom (2.7m x 2.8m) with w/c, bath and wash basin.
Staff toilet with w/c

Second Floor
Bedroom 1 (3.4m x 3.6m) en-suite
Bedroom 2 (4.5m x 3.7m) en-suite
Bedroom 4 (4.7m x 3.9m) en-suite
Bedroom 5 (4.2m x 3.4m) en-suite

The care home benefits from oil fired central heating, bottled gas used for the cooker
Business rates: £2,664
EPC Rating C