Land For Sale £825,000
Residential Boutique Care Home For Sale located in the Teignbridge area of Devon. The home has panoramic views stretching across the local town of Newton Abbot and the surrounding countryside. Considered Ideal for Redevelopment (subject to planning), Existing Providers and Investors.
* Approximately 0.31 Acres
* Freehold
* 31 Ensuite Bedrooms
* Two Reception Rooms
* Kitchen Facilities
* Stunning Views
* Viewing by appointment only
Most of the 31 bedrooms are bright and airy with glorious views of the valley and enjoy en-suite facilities. A conservatory, dining room and two communal lounges also offer breath-taking views over the valley.
Existing Providers
An activities co-Ordinator organizes daily entertainment or activities for residents to take part in, which vary from reminiscence sessions, quizzes and bingo, to ‘Pets As Therapy’ sessions and entertainment. The home also organizes regular outings to the town and local garden centres. The kitchen team provide residents with delicious, wholesome and nutritious food, and adapt meals to suit individual needs and preferences.
Redevelopment
The property is located in a prime residential location close to the centre of the town. With far reaching views and with a site that extends to approximately 0.31 acres the home offers tantalizing redevelopment or refurbishment opportunities (subject to planning).
Investors
Care Homes are a relatively new concept in commercial property investments. Offering a unique alternative to a traditional buy-to-let property, this growing asset class provides a substantial financial return, whilst simultaneously acting as an investment in the future of our loved ones. A market driven by the rising life expectancy of the UK population, investments in care home facilities are becoming increasingly popular amongst private investors as an alternative way of generating a passive income. With increased numbers of elderly people in the country, demand for long-term health care facilities is on the rise too. According to a report by the Joseph Rowntree Foundation, “to keep pace with demographic pressures over the next 50 years, residential and nursing home places in the UK would need to expand by around 150% and numbers of hours of home care by around 140%”.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
NEA220179/8
* Approximately 0.31 Acres
* Freehold
* 31 Ensuite Bedrooms
* Two Reception Rooms
* Kitchen Facilities
* Stunning Views
* Viewing by appointment only
Most of the 31 bedrooms are bright and airy with glorious views of the valley and enjoy en-suite facilities. A conservatory, dining room and two communal lounges also offer breath-taking views over the valley.
Existing Providers
An activities co-Ordinator organizes daily entertainment or activities for residents to take part in, which vary from reminiscence sessions, quizzes and bingo, to ‘Pets As Therapy’ sessions and entertainment. The home also organizes regular outings to the town and local garden centres. The kitchen team provide residents with delicious, wholesome and nutritious food, and adapt meals to suit individual needs and preferences.
Redevelopment
The property is located in a prime residential location close to the centre of the town. With far reaching views and with a site that extends to approximately 0.31 acres the home offers tantalizing redevelopment or refurbishment opportunities (subject to planning).
Investors
Care Homes are a relatively new concept in commercial property investments. Offering a unique alternative to a traditional buy-to-let property, this growing asset class provides a substantial financial return, whilst simultaneously acting as an investment in the future of our loved ones. A market driven by the rising life expectancy of the UK population, investments in care home facilities are becoming increasingly popular amongst private investors as an alternative way of generating a passive income. With increased numbers of elderly people in the country, demand for long-term health care facilities is on the rise too. According to a report by the Joseph Rowntree Foundation, “to keep pace with demographic pressures over the next 50 years, residential and nursing home places in the UK would need to expand by around 150% and numbers of hours of home care by around 140%”.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
NEA220179/8
