Two Residential Care Homes and Two freehold flats – Project Dryden – London

Two freehold Residential Care Homes (Combined Registered for 66 residents) with a ‘GOOD’ CQC rating. Currently occupied for 54 service users.
Annual Turnover for Y.E 2024 £3,741,955 with an impressive EBITDA of £1,643,763.
% split between local authority and private clients is 75/25. Has a sponsorship licence in place.
Two freehold flats for owner/staff accommodation/letting opportunity (sale of this can be discussed with owner).
Redwoods Dowling Kerr is delighted to offer Project
Dryden to the market. Project Dryden represents the
opportunity to acquire a group of two delightful homes in Croydon. The
two homes occupy convenient and desirable locations,
with a combined occupancy of 66 residents.
Both homes are easy to manage logistically as they are
located within a 10-minute drive from each other. Ref: 50226