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Commercial Development Property

Harden, BD16 - Get Access

Description

This Grade II listed property was formerly a 48-bedroom care home, offering approximately 2,232 sq m (25,000 sq ft) of gross internal floor area. It is suitable for a variety of uses including residential, office, or hotel, subject to necessary consents. The property comprises ground, first, and second floors, with external areas including a car park, gardens, and a paddock. Due to significant vandalism, fire, and water damage, internal viewings are not available. The property is offered on a 125-year leasehold basis, commencing 31st August 1994. Lease details: Start date: 125 years from 31/08/1994. Service charge and ground rent are to be confirmed (TBC). Additional fees include an administration charge of 1.5% (plus VAT) of the purchase price, with a minimum of £2,100 (inc. VAT), and search fees of £360 (inc. VAT).
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 269,096 sq ft (Listing)

The property is a former care home with a substantial floor area, presenting a unique valuation challenge due to its size and condition. Given the lack of directly comparable sales of similar former care homes, the valuation is primarily based on a blended approach considering its potential for redevelopment or conversion into multiple residential units, cross-referenced with general commercial property values in the wider area. The significant disrepair and extensive renovation required heavily influence the valuation, necessitating a substantial discount from a hypothetical

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