Site sold for care home and housing development in Worksop
A 3.8-acre site in Worksop has been sold to a housebuilder for the development of a new care home and 10 houses.
Property consultancy Fisher German facilitated the sale of land, located north of Gateford Toll Bar, to Stancliffe Homes.
The project will include a 70-bedroom care home along with ten homes of varying sizes.
Fisher German advised the landowner on development strategy and managed the sale, securing outline planning approval last December.
Construction is expected to begin once final planning conditions are confirmed.
Alex Morrison, of Fisher German, said: “We are delighted to announce the completion of the sale of this site in Worksop. The development will introduce a much-needed care facility to the area, offering accommodation and creating valuable employment opportunities. Additionally, it will include the construction of 10 high-quality new houses.
“It is an intricate parcel of land with good access, and we were able to use our expertise to advise the landowner on how to market the site. In this case our client’s main objective was certainty around the receipt they would achieve as a result of the sale. We structured an agreement which enabled the landowner certainty, so they can plan appropriately.
“It also meant that we were able to execute the deal swiftly which is highly beneficial for everyone involved. We now look forward to seeing the development come to fruition for the benefit of those in and around the area.”