Date Posted: 30/07/2019
Property Status: For Sale
Management Type: Owner operated
Region: West Midlands
Guide Price: Offers are invited on a site or turnkey basis (Freehold)
Thriving West Midlands market town location.
Excellent accessibility from road network.
1.97 acre site
Opportunity to acquire as a site or on a turnkey basis.
Outline planning in place for 87 bed care home over 3 storeys.
Surrounding 10 minute drive time population of 58,500.
Proportion of extreme elderly persons 23% higher than national profile.
Local population over the age of 85 forecast to more than double by 2035.
Significant statistical under supply in terms of appropriate en-suite accommodation for the elderly.
Ony 1 modern (post millennium) purpose built facility within a 10 minute drive time.
No existing care homes for the elderly within 1 mile of the Site.