This property is no longer on the market
Property
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 10 August 2023
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Situated in a rural location, facing Hillend Loch and close to the village of Caldercruix in North Lanarkshire, the site of the former care home extends to 2.58 acres. The existing accommodation is arranged over two properties and oers a total of 79 bedrooms (48 of which are ensuite). Opportunity exists to reconfigure or redevelop the existing properties for continued care use. Prior to closure the service provided complex care and enjoyed mature occupancy and solid financial performance. Demand for specialist care services throughout Scotland remains high. The original Victorian property is of traditional sandstone construction and was previously a country house hotel, being converted to care use in the late 1980's. Various extensions have been added to the property in the course of the last 30 years, including a single storey wrap around extension. The second property is a detached extension which was constructed in the early 2000's. The business was closed in early 2022, at which time it was registered with the Care Inspectorate as a care home for a maximum of 80 adults with mental health problems. Demand for this type of care in Scotland remains high. There may be potential for alternative uses and redevelopment subject to gaining the necessary consent. The original building was a former hotel and the overall site would lend itself to residential development (stpp) with superb views of Hillend Loch.
Auction Details
10 August 2023, 10am-3pm
Timed Online Auction
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