Offers are invited for the business and freehold property on an informal tender basis with an initial offer deadline of 4th December 2026.
Leabrook Lodge Ltd (the Company) provides estate management maintenance services and 24-hour emergency support along with tailored care plans as required by the residents.
The business and assets are offered for sale on behalf of the Joint Administrators of Leabrook Lodges Limited. The Joint Administrators offer no representations, warranties or guarantees associated with this business, property or transaction. The Joint Administrators, their agents and representatives act without personal liability.
The property includes a nursing station, administration office, several storerooms and a communal lounge, together with two separate family bedrooms available to rent.
It also includes the freehold reversionary interest in 60 bungalows, currently subject to individual long leases. The leases run for 100 years from 1 April 1992, with approximately 66 years unexpired at a passing ground rent of £100 p.a. (£6,000 p.a in total), increasing by £50 every 25 years.