Disposal for Development in York

In what has become an extremely active local marketplace, HPC oversaw the recent sale of Moorlands Nursing Home in York on behalf of Astonbrook Care Homes.

Following on from initial strategic consultancy advice, HPC were the chosen advisor for the marketing of the long established Moorlands Nursing Home, Strensall, York. With 68 registered beds in predominantly single storey purpose built accommodation, the home received a wealth of interest with parties attracted both by the strong local market and extensive site area. A competitive bidding process involving parties keen to either comprehensively refurbish or redevelop (both for care and housing) led to a swift conclusion of the process with completion being achieved in early November 2018.

The outcome is likely to see future provision of registered care on the site with the local population benefiting from a modern environment fit for purpose. Whilst price remains confidential, Nigel Newton Taylor, Director of HPC, confirmed that client expectations had been more than met through the structured marketing campaign targeting a range of buyer profile.