Former care home for sale in Plymouth Devon with 46 bedrooms and development potential
Plymouth, Devon
- Status
FOR SALE
- Advert ID
651522
- Reference
CD-90333 / Rightbiz
- Call Agent:
- Freehold: £700,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Virtual Freehold Former care home suitable for alternative use (STP) For Sale
A substantial and versatile former care home offering considerable development potential and suitable for a variety of alternative uses, subject to the necessary planning consents. Occupying a commanding position set back from Boringdon Road in the established residential suburb of Plympton, Plymouth, the property provides an exceptional opportunity for developers, investors and operators alike. The property could equally be brought back into use as a care or nursing home, with much of the existing infrastructure remaining in place.To watch Drone footage -
https://youtu.be/JNKQ_mO1JRw
• Our Reference: CD-90333
• Substantial former care home with significant development potential (STP)
• Three floors totalling approximately 1,849 sq m / 19,900 sq ft of accommodation
• 46 bedrooms across ground and first floors, many with en-suite facilities
• Lower ground floor with commercial kitchen, laundry, hair salon, offices and storage
• 5-person passenger lift serving all floors; L1 fire detection system throughout
• Set within its own grounds with tiered rear garden and parking to front and rear
• Suitable for a range of alternative uses including residential conversion, HMO, hotel/hospitality or supported living (STP)
• Could be reinstated as a care home – all core infrastructure and fixtures remain in situ
• FH Price: £700,000 Guide Price
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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