33-35 Farnaby Road, Bromley, BR1

Description

Guide Price £1,800,000 - £2,000,000

We are delighted to present a unique opportunity to acquire The Heathers Residential Care Home, a highly regarded and well-established care facility set within the desirable village of Shortlands, Bromley. With a reputation for excellence, The Heathers has been providing outstanding residential care since its establishment in 1984.

Property Overview

• Type: Freehold Residential Care Home

• Location: 33 & 35 Farnaby Road, Bromley BR1 4BL

• Size: Approx. 5,438 sq. ft (505 sqm)

• Capacity: 13 well-appointed bedrooms with a mix of ensuite and shared facilities

• Expansive Gardens: Landscaped grounds backing onto Shortlands Golf Course

• Potential for Expansion: Possibility to extend into the loft space (STPP)

Key Features

• Rated Good by the CQC (December 2023)

• Highly experienced and long-standing staff team

• Specialist care for Alzheimer’s, Arthritis, and Parkinson’s Disease

• Engaging activities program including an in-house Activities Coordinator and Fitness Instructor

• Additional well-being services including hairdressing, chiropody, physiotherapy, and reflexology

• In-house chef providing diverse and nutritious meals

Financial Performance (As per draft accounts for the year ending 31 March 2024)

• Turnover: £948,052

• Net Operating Expenses: £689,822

• Net Profit Before Tax: £258,046

• Net Profit After Tax: £192,989

• Shareholder’s Funds: £949,413 (up from £835,424 in 2023)

Investment Opportunity

This is a rare chance to acquire a successful and in-demand care home in a sought-after location. With high occupancy rates, a proven track record of profitability, and the potential to expand, this opportunity is ideal for investors or operators looking to enter or expand within the care home sector.

Asking Price

Guide Price £1,800,000 -  £2,000,000 for the entire share capital of the limited company. The sale includes:

• The freehold property

• All intellectual property, fixtures, and fittings

• The business on a debt-free basis

Next Steps

For further details, financial records, or to arrange a viewing, please contact us today. Financing options, including company finance or freehold mortgage arrangements, are available upon request.

A rare opportunity to acquire a thriving care home in a prime Bromley location – Enquire now!

Truepenny’s Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (5) any computer generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which maybe present at the time of inspection.

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Features

Map & Nearby

• Schools Nearby
• Transport
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• Street View