Chandler & Co

SITE OVERLOOKING RIVER WITH PP FOR 87 BED CARE FACILITY AND 30 RETIREMENT APARTMENTS

Bishops
Date Posted: 03/02/2020
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Beds: 87
Guide Price: £950,000 (Freehold)
Single Beds: 87
Reference: CH4284
Site of around 1.05 acres (subject to survey), superbly located on the banks of the River Welland with planning approval for an 87 Bed Luxury Care Facility plus 30 x Over 55's Retirement Apartments. Many of the Rooms/Apartments will have direct river views and the development is within around 1 mile of the attractive town centre of Spalding. Rooms in the Care Home will be 24 sq mtrs + including en-suite facilities and there will be 15 x 1 Bed and 15 x 2 Bed Apartments. Our clients would sell the care home or apartment site separately, if required. It should also be noted that the site is opposite a brand new Lidl store of around 22,000 sq ft and may be suitable for alternative use, in which case our clients would consider a conditional deal at £1,000,000 plus. Guide Price for the site as it stands £950,000 F/H.

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Chandler & Co