Located in a semi-rural area close to South Yorkshire and North Derbyshire this attractive and well-established development comprises over seventy individual properties together with communal and staff facilities on a landscaped site of over 5 acres. There is a mixture of architect designed flats and bungalows with one or two bedrooms. Most are ground floor.
Some properties are let on shortholds, others have been leased on ground leases or secure leases with interest free and reducing loans attached. There are also a number recently refurbished internally and ready for occupation.
Plans have been drawn up to add a care home of thirty bedrooms and ancillary facilities to provide additional services to residents. Once built, the new building will enable expansion into total care and assisted living.
This property asset is for sale as a freehold going concern or along with the owning company shares. Providing a superb opportunity to continue and expand a very desirable investment.