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

The property is a 0.76-hectare site in Newark, Nottinghamshire, located half a mile south east of the town center and close to the B6325 London Road. The site currently houses a two-story residential care home, but has planning permission for a change of use to an adult day center. The property offers an opportunity to redevelop the site for residential use, with the vendor preferring a retirement living product but open to alternative options. The site is located in a prime residential area with excellent communication links, and prospective buyers should satisfy themselves as to the location of utilities. The property is being sold by informal tender, with a closing date for offers on November 30th, 2023.
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