land
Ref 12427

Former St Leonards Hospital

Ringwood Road
BH24 2RR St Leonards-On-Sea

To buyPlease contact us
Size1.55 ac / 0.63 ha

Description

Care Home Development Opportunity (with Planning Permission)

  • Outline planning permission for up to an 80 bed care home
  • Site area approximately 1.55 acres/0.63 hectares
  • Available on a flexible basis
  • Affluent elderly population in the catchment area
  • Recognised undersupply of beds within the catchment
  • Adjacent to new housing scheme under construction

Opportunity

This is an exciting opportunity to acquire a care home development that is being offered to the market on a flexible basis.The site forms Phase 5 of the former St Leonards Hospital redevelopment, which includes up to 210 new dwellings. Spectrum Homes Ltd are currently building out the residential element, with a number of units already occupied.Due to the existing contractual obligations, the site is available on either: a turnkey, or, via a sub-lease where the successful party takes on Sovereign's responsibilities under the existing build lease.The successful party will be able to develop the final design and specifications with the freehold interest transferring on practical completion.

Energy rating

Energy rating 0

Location and Transport

The site is located in St Leonards between Ringwood and Ferndown. It is in an easily accessible location, with Poole approximately 13 miles south west of the site, Bournemouth approximately 13.5 miles to the south, Southampton approximately 25 miles to the east, and Portsmouth circa 44 miles to the east. The nearest mainline train station is at Bournemouth. This provides direct access to Southampton (under 30 mins) and London (under 2 hours). Bournemouth Airport is located approximately 6.3 miles south of the site.