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Development Site for Care Home

HPC are pleased to offer for sale this large and well located development site. Ref: A0772

Development Site for Care Home

Location: Shropshire
Price: SOLD subject to contract

• 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