Newfield Nursing Home, 1 Cat Lane

Sheffield, South Yorkshire S2 3AY

Overview

At the instructions of the Joint Administrators of Pullever Limited, Cushman & Wakefield's Healthcare team is delighted to present the opportunity to acquire a vacant, purpose built care home opportunity located in the suburbs of the City of Sheffield.

The property comprises a 54 bedroom care facility arranged over 2 storeys, benefiting from 100% en suites and a basement car park.
  • Opportunity to acquire a purpose built care facility with 100% en suite provision
  • Located in a suburb of the City of Sheffield
  • Densely populated market area with an established elderly population
  • Strong refurbishment potential
  • Freehold
  • May suit other uses (subject to planning)

Location

  • Located in the densely populated suburb of Heeley south of the City of Sheffield
  • The leafy suburb is well positioned lying only 2 miles south of Sheffield city centre, and sits on the edge of the Heritage Woodlands, Carr Wood.
  • The home benefits from strong communication links being positioned under 1 mile away from the A61, the main connecting road to the city centre to the north. The M1 national motorway (Junction34) is approximately 5 miles south west of the home providing access to Leeds to the north and London to the south.

Situation

  • The property is situated to the south of Gleadless Road, in predominantly residential surroundings.
  • The immediate location is largely residential, with two primary care centres nearby and various other amenities.

Site

The site extends to a total area of 0.63 acres (0.25 ha)

Description

SPECIFICATION

  • Circa 1990s purpose built care home.
  • Accommodation arranged over two storeys.
  • 54 Bedrooms (18 ground floor and 36 first floor).
  • All bedrooms benefit from an en suite with WC and wash hand basin.
  • Commercial kitchen and laundry.
  • Various staff offices, reception areas and nurses stations.
  • Day space measuring approx. 4.6 sq m per bedroom.
  • Gardens to the rear and side.
  • Parking to the front of the building, with additional basement parking.

Tenure

Freehold

Registration

Whilst operational, the property was registered with the Care Quality Commission (CQC) as a nursing home.

The service was last inspected on 30 October 2017 and reported as "Overall Good".

ANTI-MONEY LAUNDERING

In order to discharge its legal obligations, including under applicable anti-money laundering regulations, C&W will require certain information of the successful bidder. In submitting a bid, you agree to provide such information when Heads of Terms are agreed.

Proposal

We are instructed to seek offers to acquire the freehold interest, subject to contract.

Further Information

The property may be inspected by prior appointment through the vendor's agent, Cushman & Wakefield.

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NET INITIAL YIELD:
N/A
PRICE:
£750,000
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