Land for sale

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Land for sale

Walker Close, Newark
£1,000,000

Our Summary

  • SUMMARYPotential redevelopment site extending to 0
  • DESCRIPTIONPotential redevelopment site extending to 0
  • The property offers an opportunity to create an attractive new build development in a well regarded location
  • Planning In 2018 a Change of use from an Elderly Persons Home to an Adult Day Centre (Use Class C2 to D1) was approved so the site now falls within The ‘Learning and non-residential institutions’ use class (F1)
  • Terms The Vendors preference is to promote the site for redevelopment in respect of the previous planning classification (C2) to provide a retirement living product but would consider alternative residential options where these are viable

Description

A potential redevelopment site in Newark, Nottinghamshire, is being offered for sale. The site, which extends to 0.76 hectares, is located half a mile south east of the town centre and has road frontage to London Road. The existing two-storey residential care home, which spans approximately 1,924 square meters, is divided into five units and has been used for elderly care and, more recently, as an adult day centre. The property is being sold subject to planning permission, with initial indications suggesting that it is suitable for demolition and redevelopment. The site offers an opportunity to create a new residential development in a well-regarded location, with excellent communication links and proximity to Newark town centre.
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