Savills was instructed to advise regarding a rare opportunity to lease a fully commissioned care home designed by Scurr Architects & constructed by Lawrence Baker to the highest standards.
The home was commissioned in September 2017 and comprises 62 single bedrooms with full en suite wet rooms. The GIA of the building is 3,271.64 sqm, equating to 52.77 sqm per resident.
Savills offered the opportunity confidentially to the corporate and insitutional investor market and the level of interest received was extremely high.
Subsequently, the freehold of the going concern was sold to Target REIT/Caring Homes Ltd.