A rare opportunity to acquire (subject to final planning approval) a well thought out, high rental yield freehold development at an early stage that will serve the community for years to come.
We are awaiting a planning decision outcome under planning application PA22/05099 save for the Nitrate neutrality issues that are currently affecting much of the South West of England, a solution to which is expected by the end of the 2024.
We wish to work with a prospective purchaser at this stage to proceed once planning permission is final and the issues around the nitrate situation financially determined.
A 100 bed nursing home with dementia wing
10 open market houses
15 affordable houses
19 century farmhouse, bungalow and outbuildings
Enclosed within a plot just under 7 acres
We describe this development as a “medical village” as the site would be ideal to accommodate staff from the nursing home if required.
The farmhouse and outbuildings (subject to further planning permission) would be ideal to provide accommodation for visitors to the nursing home for overnight stays or respite.
We understand the criteria are somewhat different for this type of accommodation and if this option is required we may be able to help with planning guidance at a later stage.
The Camelford by-pass has been approved to take the main A39 away from the centre of the town.
Also close to the proposed development (see map) a new Tesco store is at consultation stage having been granted planning permission back in 2012.
https://tesco-camelford-consultation.co.uk/
Finalisation of these two projects in addition to the nursing home development will be a major financial boost to the area. The nursing home alone creating around 100 jobs.
Should you require further information please email info@cheldonbarton.com