Development Site For 60 Bed Care Home
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Development site for 60 bed care home and variety of 60 1&2 bed close care units
Approximately 3 acres of land
Ref.CR184
Location Kent
Asking Price: OIEO œ1,500,000
Turner Butler are delighted to be able to offer for sale this unique high profile care development opportunity. The current outline plan is to develop a section of valuable land into an extensive 60 bed care home which is then complimented further by an additonal 60 close care units all on a site of approximatley 3 acres.
The position is that our clients who own the freehold title to the land, operate a holiday letting business which is the combination of their detached family home and then a further seven holiday cottages from which the existing holiday letting business operates. This is all located within extensive parklands which provide a beautiful backdrop for this current business and the intended care development.
Additionally on adjoining land (not owned by our clients and not included in the sale) is a popular hotel and sports complex facility. It should be noted that on original development plans the hotel was part of a wider re development opportunity, these plans are still in place but our clients are now concentrating on the proposed development of the care facility.The hotel and sports facilities we believe would prove to be ideal neighbours for this development of assisted living and care home facilities.
The location of the proposed development could not be in a more pictureque setting which also has a facinating past. Scattered around the grounds are numerous reminders of this sites previous existance as a fantastic privately owned estate.
The site is accessed from a major road close to Faversham, since the conception of this proposed development, over the last 24 months the owners have undertaken a vast array of feaseability and archaeological studies which have shown that this development can have the green light.
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