Commercial property for sale in Pentree Lodge Home, 63-65 Pentire Avenue, Newquay TR7

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£1,500,000
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Commercial property for sale

Property features

  • 15 bed residential care home
  • Close to pentire and fistral beaches
  • Set in C. 0.327 acres, overall C. 695 sqm (C.7500 sq ft)
  • Long serving staff members (15 plus manager)
  • Near capacity occupancy
  • April 2024 ebitda of C. £322,000 (4 year average T/O £725,00
  • Retirement sale

Property description

15 bedroom residential care home situated in a sought after road in Newquay, close to the beaches of Pentire and Fistral and above the Gannel River. The two storey property has the majority of rooms on the ground floor, sizeable gardens (to the rear) and parking to the front. The business operates at near capacity and has a long standing staff cohort. The business shows consistent sales and high profits (of £322k for year end April 2024). Cqc Rated 'Good'. Our client is now seeking to retire.

Property info

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Miller Commercial, TR1 on +44 1872 395926 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Miller Commercial, and do not constitute property particulars. Please contact Miller Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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