Summary

Tenure For Sale
Size  
Price Price on application
Rates Payable Upon Enquiry
  • Two freehold properties
  • 53 registered places across 51 effective bedrooms
  • Both homes CQC rated: Good
  • Combined FMT revenue of £2.38 million
  • Combined adopted EBITDA of £660,000
  • Combined FMT EBITDA margin of approximately 27.7%
  • Established management and staffing structures

About

An opportunity to acquire two established Freehold Care Homes, comprising Bywell House in Worthing, West Sussex and Westcliffe in Felixstowe, Suffolk. Together, the properties provide 53 registered places across 51 bedrooms and are offered as fully equipped operational care businesses.

Both homes occupy substantial converted and extended Victorian former residential properties, providing accommodation with a traditional and domestic character. Both properties are CQC rated 'Good' and benefit from established operational and management structures.

Bywell House is an attractive period property situated on Longfellow Road in Worthing. The home is arranged over ground and first floors and is registered for 20 service users within 20 bedrooms. The original Victorian building is of traditional brick construction beneath a multi-pitched tiled roof and has been enlarged by two-storey extensions understood to have been constructed during the 1990s. Externally, the property benefits from garden areas together with parking to the side.

Westcliffe is the larger of the two properties and comprises two substantial Victorian former residences which have been converted, extended and connected by a purpose-built extension. The home is registered for 33 service users and provides 31 bedrooms arranged across three floors. The accommodation is complemented by a range of communal facilities including lounges, dining and day spaces, together with kitchen, laundry and administrative accommodation. Externally, there is a side car park, decking and landscaped garden areas incorporating raised planters.

Together, the properties represent an attractive operational healthcare portfolio combining two freehold assets, established trading businesses and 53 registered places. Fair Maintainable Trade figures indicate combined annual revenue of approximately £2.38 million, with adopted EBITDA of approximately £660,000, representing an EBITDA margin of approximately 27.7% across the portfolio.

PRICE ON APPLICATION.

Location

The portfolio benefits from two established coastal locations in the South and East of England, with both properties situated within predominantly residential areas and within convenient reach of their respective town centres and local amenities.

Bywell House is situated on Longfellow Road in Worthing, West Sussex, approximately one mile north-west of Worthing town centre. Worthing is a well-established South Coast town situated approximately 12 miles west of Brighton and 20 miles south of Horsham.

Worthing provides an extensive range of shopping, leisure and community amenities, with the town centre offering a mix of national and independent retailers, cafés, restaurants and cultural facilities. Its seafront and promenade are central to the character of the town, while its substantial residential population provides an established local catchment. The town also benefits from good regional transport connections, providing access along the South Coast and towards London.

Westcliffe occupies a predominantly residential position on Leopold Road in Felixstowe, Suffolk, conveniently situated close to both the town centre and seafront. Felixstowe lies approximately 14 miles south-east of Ipswich and 29 miles north-east of Colchester.

Felixstowe is an established coastal and residential town offering a broad range of everyday amenities, shops, cafés, restaurants and leisure facilities. Its extensive seafront, beaches and promenade provide an attractive environment, while the town's position as a major shipping port provides an important additional economic and employment base. The town also benefits from established road and public transport connections with Ipswich and the wider Suffolk area.

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