Commercial Property in Coventry

Coventry, Warwickshire
REF: 01010C

Asking Price:
£560,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
Under Offer
REF: 01010C

Overview

Tenure:
Freehold
Established:
1986
  • High Footfall
  • 'Countryside' Appeal
  • Opportunity to Expand
  • Former Care Home
  • Brilliant Reputation

Intelligent are pleased to bring to the market this brilliant opportunity to acquire a commercial property in Coventry.

Since 1986, the property has acted as a local care home- encouraging positivity, independence, and dignity in a comfortable and welcoming environment.

Due to the current owner’s retirement, a new buyer is presented with the opportunity to take on the freehold to run their own care home, B&B, Day Nursery, or Doctors Surgery.

The ground floor boasts a large reception area with chairs leading to a 6-person passenger lift, which has recently been upgraded. There are two toilets and wash hand basins, a fitted kitchen, a laundry room with a washing machine, a tumble dryer and ample storage. There is also a Large lounge and archway between the two reception rooms and a large dining area and at the rear of the property is a large conservatory and an office for staff if needed.

The ground floor has two single bedrooms with handwash basins, a double bedroom with en-suite facilities, a sleeping room with toilet and wash hand basin (currently used for storage), an additional storage area leading to lift shaft room and a Shower room with toilet and wash hand basin.

Located on the first floor is a bathroom with bath hoist, toilet and wash hand basin, a shower room with a toilet and wash hand basin, a double bedroom, five en-suite single bedrooms with en-suite facilities and 2 single rooms with wash hand basin.

This opportunity would suit an experienced care home owner-operator who would like to open a new premises and hit the ground running or a new buyer who would like to change the nature of the business, perhaps turning the premises into a local B&B.

There is also an immediate opportunity to expand the premises by building a further three en-suite single rooms with little capital expenditure. Completed plans and associated permission have been received and once complete would add further profit to this prospect.

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  • Great location
  • Spacious premises
  • Quiet residential location
  • Close to local amenities
  • Easy access
Rent
TBC
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
£560,000
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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