Commercial in city Lancaster
1200.00 sq.m., 28 bedrooms

€ 1 895 670

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UK. Lancashire. A nursing home with a high income.
We had to sell one of the best nursing homes in the North West of England with a rating of 9.9. The house is sold entirely, for a cost of £1 700 000.
The cost of £1 700 000; ( 1 895 670 euros )
• 28 apartments each have a private bathroom;
• Guaranteed rate of return under the contract with the operator: 8% in 1 and 2 year, 9% in 3rd and 4th year and 10% from 5 to 10 year;
• Annual payments;
• Guaranteed buy-back option after 10 years at 115% of the initial value;
• Location: 1 hour by car from Manchester and from Liverpool;
• Terms of purchase, the investor receives evidence of a long-term lease Leasehold Title Deed for 999 years;
• The house is rented and is operated by the operator;
• Home is licensed by the CQC and received a rating of “Good”;
• The rating on the home website carehome.co.uk – 9.9 points;
• Received an award as one of the top 20 nursing homes in the North West of England;
The current operator has raised the rating of the house from “Inadequate“ to “Good” and wants to continue to improve it. It is planned to conduct a house renovation, which will increase the price for guests in average from £600 to £750 per week. Investments of £1 700 000 already include the cost of renovation, which will amount to £200 000. In addition, this amount includes legal costs and tax on the purchase of real estate.
The investor is offered an investment strategy for 10 years, during which he will receive £ 1 598 000 from rental houses to rent to the operator and £ 1 955 000 on the value of the investment. Total for 10 years the profit will be £ 3 553 000, and ROI = 209%.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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