Sale completed for site with permission for new care home
The former Stoney Ridge Hospital in Bingley, West Yorkshire, which comes with planning consent for a 72-bedroom care home development, has been sold for an undisclosed sum.
The deal was arranged by specialist business property adviser, Christie & Co.
Morrison Community Care and Cheviot Park Developments have achieved full planning permission for a large care home scheme which would include communal spaces such as a café, activity lounge, life skills lounge, hair salon, cinema, dining rooms and secured landscaped gardens.
Following a sales process handled by Jordan Rundle and Sara Hartill from Christie & Co, the development site has been purchased by Torsion Care who will take the proposed scheme forward.
Paul Sokhi, managing director at Morrison Community Care, said: ‘‘Morrison Community Care has a long-standing reputation in the design and development of care homes.
“Having successfully done this in Scotland for over 30 years, we are now excited to bring our expertise to England.
“With 13,000 patients currently estimated to be in NHS beds in England that don’t require to be, we are pleased to announce the Group’s expansion into England.”
Chris Burns, senior land manager at Torsion Care, said: “We’re happy to have completed the purchase of this care home development in Bingley.
“This adds to our growing portfolio of care home developments in Yorkshire which is set to expand further in 2023.
“Thanks to Morrison Community Care and Christie & Co for their support in getting this purchase over the line in a quick time.”
Jordan Rundle, director – healthcare development & investment at Christie & Co, added: “It is great to be working with Morrison Community Care and Cheviot Park Developments on their English expansion strategy, and we are sure this will be the first of many projects in the country.
“Torsion Care have an ever-growing pipeline of opportunities and we wish them the best with the delivery of what will be an outstanding care facility for the local community.”
