Large Scale Care Home Development On The Market

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Colliers International is selling a 70 bed care home development in Fleet

The Healthcare team at Colliers International is marketing a large care development opportunity in Fleet, Hampshire. Once the redevelopment is completed the property will provide a modern care home facility in Fleet providing 70 single ensuite bedrooms over three floors.

The care development opportunity is being offered on a flexible basis with three options. The first option is to acquire the property on a new lease agreement. The second is to purchase the property at turnkey, with the opportunity to influence the layout and finish of the home. The final option is to purchase the development site outright with the benefit of full planning permission.

Rachel McCarthy, Director in the Healthcare team at Colliers International commented: “Our research shows there is a shortage of care beds in this area - in particular those providing dementia care. Therefore a new state of the art care facility could help to address this and meet the needs of the local elderly population. In addition, this is an affluent location and the site has a prominent roadside position, both of which are important factors for a new flagship care home.”

The site, measuring circa 0.9 acres currently houses two vacant office buildings which will be demolished as part of the redevelopment. The property is set within a mainly residential area and is within walking distance of Fleet town centre.

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For further information, please contact:
Mike Ledsham, Public Relations, +44 20 7487 1623 or michael.ledsham(at)colliers(dot)com

About Colliers International:
Colliers International is the third-largest commercial real estate services company in the world, with over 12,300 professionals operating out of more than 522 offices in 62 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research.

In the UK, Colliers International is one the top real estate advisory organisations, employing over 700 people in 12 full service offices across the UK and Ireland.

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Michael Ledsham