An NHS respite centre in Rugby is being sold and could be turned into a residential care home – or new houses.
Admirals Court, in Nelson Way, has been placed onto the market with Shortland Penn + Moore, and offers are being invited on the 10,506 sq ft building along with the total land of 1.3 acres.
James Compton, of Shortland Penn + Moore, is dealing with the sale and believes it could have a future use as a care or nursing home but says a new residential scheme shouldn’t be ruled out.
He said: “There are several potential uses. A buyer could come in and refurbish the existing buildings and turn it into a residential care home or a nursing home. There is also the option to apply for planning permission to demolish the buildings that are currently there and create new homes so we think there is going to be substantial interest in the site.
“We are seeing more and more that the NHS are looking to dispose of properties in order to reduce costs by bringing their property assets closer together but also to generate the initial cash yield from the sale. There is certainly a trend for this kind of opportunity across this region.”
For more information on the property, contact James Compton at Shortland Penn + Moore on 024 7623 2970.