Commercial property for sale in Caernarfon, Gwynedd LL55

£1,399,000
Interested in this property? Call +44 1772 913296 * or Request Details

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Property features

  • Impressive detached residential care home (registered for 27)
  • Fee income £666,917 per annum (y/e 31.08.16), ebitda £249,198 (37%)
  • P/P for 24 single beds, extensive grounds, 3 bedroom detached bungalow
  • Convenient yet peaceful setting with stunning views, high occupancy levels, viewing highly recommended

Property description

Reference - 44102


Description


A rare opportunity to acquire an impressive freehold Residential Care Home, situated in the delightful village of Llanberis which lies at the foot of Snowdonia within the national park.

Plas Garnedd Care Centre occupies a peaceful elevated location, with stunning views of the lake and mountains and is set amongst extensive grounds. Despite enjoying such a quiet and idyllic setting, the home is also ideally positioned within a short walk of the village centre, with its selection of shops, restaurants and amenities with public transport facilities and the major commuter routes close at hand.

Having been in present ownership since 2004, the home has earned a truly enviable reputation for offering excellent standards of care, support and dignity ensuring regular referrals and recommendations.

Plas Garnedd Care Centre demonstrates an excellent trading record, with historically high occupancy levels at or approaching capacity.

There is a complement of experienced and qualified care staff in place, which is another factor in the home's success and reputation.

Plas Garnedd Care Centre operates from a substantial and imposing two storey detached property that has been updated, providing spacious and versatile accommodation which is superbly appointed throughout.

Planning permission was granted in 2015 for an extension to create a further 24 en-suite single bedrooms. We recommend all interested parties contact the local planning department to ascertain the exact nature of this. There is also ample space for further future development.

Also located within a short distance of the home is a recently constructed spacious 3 bedroom detached cottage which would be ideal for an on site owner operator or manager.

Plas Garnedd Care Centre is a successful business generating impressive levels of fee income and excellent associated audited profits and would therefore be an ideal acquisition for an ambitious hands on owner operator or also pr


Registered numbers


Registered for 27 residents with 26 rooms.


Weekly fees


Fees range from £465 - £509

Sales
Available accounts are to year end 31st August and are summarised below:

2016 - Fees £666,917


2016 - Adjusted Net Profit £249,198.



Staff


Managed by the owners with a manager and full/part time staff.

Building External
The highly visible and imposing two storey detached property has been updated and provides spacious and versatile accommodation which is superbly presented throughout.

Building Internal
The spacious and inviting accommodation is beautifully appointed throughout with tasteful, attractive décor creating a warm and welcoming environment. The versatile accommodation briefly comprises:

A comfortable residents' lounge with access to the patio, quiet lounge, dining room/ conservatory, beauty salon, comprehensively appointed kitchen with a range of quality commercial catering equipment and a manager's office.

The twenty-five single and one twin bedroom are located across both the ground and first floors of the property with the benefit of a passenger lift. All bedrooms are well presented with quality furniture and furnishings. In addition to the main rooms, there are ample bathroom and toilet facilities.

Externally there is a laundry/ boiler room and a useful workshop. The home stands in extensive and established grounds with lawned gardens, patio area and car parking for a number of vehicles.


Residential accommodation


Also located within a short distance of the home, is a recently constructed spacious 3 bedroom detached cottage, which would be ideal for an on site owner operator or a manager. The vendor also owns an executive 5 bedroom detached dwelling, located within walking distance of the home which could also be available to any purchaser by separate negotiation if required.


Tenure


We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


Summary


This is a rare opportunity to acquire a highly lucrative business with a valuable freehold property, which is located in such an idyllic and peaceful setting.


Share sale


The business is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company.

Nearby transport

  • Bangor (Gwynedd) (7.2 miles)
  • Llanfairpwll (7.8 miles)
  • Roman Bridge (10.1 miles)
  • Liverpool John Lennon Airport (55.1 miles)
  • Blackpool International Airport (64.0 miles)
  • Isle of Man Airport (69.7 miles)
  • Holyhead Ferry Terminal (24.5 miles)
  • Barmouth Ferry Landing (27.9 miles)
  • Porth Penrhyn Ferry Landing (28.1 miles)

Nearby schools

View all schools in Gwynedd
  • West Kirby St Bridget's CofE Primary School (43.1 miles)
  • West Kirby Primary School (43.1 miles)
  • Avalon School (43.1 miles)
  • Birkenhead Sixth Form College (48.5 miles)
  • LIPA Sixth Form College (51.7 miles)
  • Everton Free School (52.8 miles)
  • Ysgol Dolbadarn (0.1 miles)
  • Ysgol Gwaun Gyfni (2.0 miles)
  • Ysgol Cwm Y Glo (2.2 miles)
Note: Distance is shown as a straight line measurement

Local info for Gwynedd

About the neighbours in LL55

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For more information about this property, please contact
Redwoods Dowling Kerr, PR2 on +44 1772 913296 * (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 Redwoods Dowling Kerr, and do not constitute property particulars. Please contact Redwoods Dowling Kerr 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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