Care home investment for sale in Moston

This property is marketed by:
Colliers

Key Features

• A purpose-built 4-storey care home constructed in 1992, with a total site area of 2.19 acres.
• 72 single bedrooms and 1 shared bedroom with 38 rooms having ensuite
• wetroom provision.
• Specialist home providing residential, nursing and dementia services.
• Located in the established Manchester suburb of Moston.
• Received a “Good” overall rating and rated “Good” in all categories by the Care Quality Commission with the latest review on 11th July 2023.
• Current occupancy of 53 (6 private, 17 residential, 36 nursing.
• Run rate turnover £2,431,543, with AWF of £882.27.
• Freehold.

Description

An opportunity to acquire a purpose-built care home with significant uplift potential in Moston, Manchester.

The 4-storey high purpose-built care home was constructed in 1992 and includes the following amenities:

- 72 single bedrooms and 1 shared bedroom with 53% ensuite wetrooms

- Generous car parking spaces / Ambulance space

- Enclosed wrap-around landscaped gardens

- Scope for significant uplift

Location

The home is situated in an established residential area within the Moston suburb of Manchester, c. 3 miles north-east of the city centre and is bordered by Harpurhey, Failsworth, Newton Heath and Monsall. 

Connectivity

The home is well-served by numerous bus routes within walking distance facilitating convenient travel to surrounding areas. Further, road links in the area allow for easy transit to all of the surrounding districts and cities including the M60 orbital motorway surrounding the majority of Greater Manchester.