Proposed Care Development, Warwickshire

Guide Price: Offers in excess of £2,000,000

Location: Warwickshire

 

  • An opportunity, subject to planning, to acquire an excellent site with potential to develop a care home and/or extra care scheme;
  • The site is located within the attractive market town of Shipston-on-Stour, fronting a main road and within 1/2 mile of the busy town centre;
  • The site extends to approximately 1.82 acres (0.74 ha);
  • Indicative plans indicate either a 60-bed care home and 12 extra care apartments (or 24 studio close care units) or alternatively an extra care scheme comprising circa 40 one and two bed apartments with associated communal facilities;
  • The area is characterised by house prices in excess of the national average, which is an excellent indicator for attracting premium fee rates and apartment sales values;
  • Purchasers are encouraged to bid on the basis of their preferred scheme.

 

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