Mon, 18 May 2015 | BUSINESS SALE
Lythe Care Home is for sale with a price tag inviting offers of £1.3 million or above.
Located near Cullen in Moray, Scotland, the care home has been the subject of some controversy after the Care Inspectorate highlighted a significant concern about the levels of care received by the residents.
The management received instruction to immediately take action to improve the conditions of care.
However, the Press and Journal has reported that a spokesperson for the Care Inspectorate has confirmed that the home's operator, RDS Healthcare, will now list the care home for sale as a going concern.
The spokesman told the paper: “The Care Inspectorate is in close contact with the provider to ensure that residents' needs continue to be met and their rights respected during this process.”
For now the staff at the home itself are reportedly maintaining “business as normal” as much as possible.
The care home is registered for 36 residents and has been purpose-built as a care home with 33 bedrooms, 32 of which are en-suite. The care home is running with an average occupancy rate of 90 per cent plus, with current average fees of £563 a week and a turnover of £865,530.
View more care homes for sale.
The company designs and delivers electronic portfolios for organisations that capture and assess evidence for personal, professional, and organisation recognition, internationally. The company creates leading digital solutions that mirror and enhance...
A distributor of oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. These Items are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce ope...
The company is an equestrian business comprising a popular retail store, accredited livery and riding facilities and a competitive events operation, operating from an attractive rural location in the East Midlands.
LEASEHOLD
27
|
Nov
|
Debt collectors BPO take out loan to buy rival | BUSINESS SALE
Ayrshire-based debt recovery firm BPO Collections has receiv...
27
|
Nov
|
Brighton i360 looking for new owners | ADMINISTRATION
The company behind Brighton’s i360 viewing pod has fil...
27
|
Nov
|
Rollstore moves to employee ownership | BUSINESS SALE
Derbyshire-based materials handling equipment company Rollst...
21
|
Oct
|
Kids Planet expands footprint with new nursery acquisition | BUSINESS SALE
Family nursery group Kids Planet has further expanded its na...
26
|
Oct
|
29 RoyaleLife holiday parks and campsites for sale - an intriguing saga | ADMINISTRATION
The holiday park and caravan industry has long been a staple...
01
|
Sep
|
£1.8m-turnover Scottish tree nursery on the market for £3m+ | BUSINESS SALE
Christie-Elite Nurseries Ltd, a leading UK grower of commerc...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.