TWO ESTABLISHED PROFITABLE HMO's:... 11 bed semi

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TWO ESTABLISHED PROFITABLE HMO's:... 11 bed semi

TWO ESTABLISHED PROFITABLE HMO's: Bryngwyn & Park Road, Newport, South Wales, NP20
£1,100,000

Our Summary

  • BUSINESS RETIREMENT SALE * Established and Profitable Business in Supported Living Care* * 11 Beds over Two City Centre Properties with HMO Licences * Housing Support Grant Contract Agreed (Housing Planning Group (Supporting People)) * * Subject to planning, registration and licensing there is potential to change the Business Model

Description

This is a unique business opportunity to acquire a profitable and established supported living care business, comprising two city centre properties with 11 beds and HMO licenses. The business is currently operating under an Assisted Living contract with a small, part-time team and is subject to planning, registration, and licensing. The properties are freehold with no covenants, and full fibre broadband and mobile services are available. The business has a Housing Support Grant Contract with Newport City Council, providing a stable income stream. The properties are traditional builds with allocated parking and are located in the city centre, with easy access to public transportation. The business can be run hands-off with the day-to-day operations, making it an attractive opportunity for an investor or operator looking to enter the supported living care sector.
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