Specialist business property adviser, Christie & Co, has announced the sale of a development site with planning consent for a 100-bed care home in Wisbech, Cambridgeshire to LNT Care Developments.
Previous owner of the site, Wisbech Construction Limited, achieved planning permission for the site in March 2021.
Speaking on behalf of LNT Care Developments, Land Director, Keeley Sharp, said: “LNT Care Developments is delighted to have acquired this outline consented scheme in Wisbech, adding to an established and emerging pipeline of sites across the East of England. Planning has been submitted for a 66-bedroom, two-storey residential care home which will be complemented by an adjacent residential development.
“Construction is due to start in January 2022 with a predicted completion date of February 2023. Once complete, the home will offer a strong community facility, integrating with the nearby local facilities of shops, churches, and schools. It will provide outstanding accommodation with fully en-suite bedrooms, spacious communal areas, and state-of-the-art amenities including a cinema, library, garden room and tea shop, all surrounded by beautifully landscaped gardens.”
Sara Hartill, Senior Surveyor at Christie & Co, who handled the sale, said: “The opportunity to acquire a 4.7-acre site in an area with strong demand demographics, unsurprisingly, proved to be very popular within the market. LNT Care Developments is well positioned to achieve a revised planning consent that will suit its needs and ultimately serve the growing requirement for market standard beds in the area. We look forward to seeing the completed home in 2023.”
Christie & Co was appointed as the selling agent for the site, which was sold for an undisclosed price.