A development by Muller Property Group
The Bungalow, Benthill, London Road, Buckingham, MK18 1SZ
Fantastic opportunity to acquire a care home development site located in a prominent location with excellent roadside frontage on London Road.
- The property is available freehold
- Residential dwelling with excellent roadside frontage
- Strong micro-location within a central and well-populated area
- Regular shaped site extending to circa 1.3 acres
- Excellent transport links to nearby villages and towns
- Proposed plans include 75+ beds with ensuite wet room provision
- 17% of the population are aged 65 and over
- High concentration of potential staff in the local area
- Strategic location situated on the A413 (London Road)
A Historic Market Town with a Growing Elderly Population
Buckingham is a market town in north Buckinghamshire, close to the borders of Northamptonshire and Oxfordshire.
The town lies approximately 12 miles (19 km) west of Central Milton Keynes, 19 miles (31 km) south-east of Banbury, and 24 miles (39 km) north-east of Oxford.
Buckingham stands at the crossroads of the A413 (north-south), A421 and A422 (east-west) roads.
Buckingham is linked to Milton Keynes, Winslow and Aylesbury by the regular X60 bus. An inter-city coach service, the X5, links the town to both Bedford (via Milton Keynes) and Oxford (via Bicester).
Some surrounding villages are connected to Buckingham by a market day bus and there is a community bus scheme called Bart.
Buckingham has a variety of restaurants and pubs, typical of a market town. Most retail is in the town centre with a variety of independent stores, cafes and restaurants as well as national chains.
The town is home to a number of industrial estates and technology parks housing high tech companies in the pharmaceutical, electronic, foods and composite materials fields.
A Well-Connected Town
Buckingham offers excellent transport connections by road and public transport, with access to three major railway hubs.
- Travel by Car
Buckingham is well-served by key roads with the A421, A413, and A422, providing easy access to nearby towns, while the M40 and M1 motorways offer direct routes to London and Birmingham.
- Travel by Bus
Frequent bus services link Buckingham to surrounding areas, with the X60/60 route connecting Milton Keynes & Aylesbury, the 18 running to Bicester, and the X5 with direct links to Oxford, Milton Keynes, & Bedford.
- Travel by Rail
The nearest stations are Milton Keynes Central (15 miles), offering direct services on the West Coast Main Line, and Bicester North & Bicester Village (12 miles), offering direct services on the Chiltern Main Line.
1.3 Acre Site with Planning Potential for a 75 Bed Care Home
The site is approximately 1.3 acres and currently comprises of a detached bungalow and ancillary building. The site is flat and roughly rectangular in shape, with access from the southwest via London Road (A413).
The site is located close to the established Lace Hill Sports & Community Centre and Buckingham Industrial Estate, and is in close proximity to local amenities including; Tesco and Lidl supermarkets, Costa Coffee and McDonald’s drive-through, Starbucks, and two service stations. Travelodge and Premier Inn hotels are also a short distance away.
There are a number of Doctors Surgery’s in Buckingham and a Community Hospital that cares for older patients following treatment or surgery at Amersham or Stoke Mandeville Hospital.
The site is a short drive from Buckingham town centre and a bus stop outside the site offers direct services within 5 minutes.
Illustrative Layout
An illustrative layout is presented on an indicative basis to demonstrate the scale of development that could be delivered on the site.
Key features to the design:
Total GIA: 3826m²
2 storeys
75 bed with en-suite wetrooms
Total GIA per resident: 51m²
27 on site car parking spaces, incl. 2 disabled spaces
Lounges, dining rooms, and external terraces on all levels
Private and secure garden areas
Café, activity room, private dining, cinema, hair and beauty salon
A Compelling Case
for Care Demand
The population of Buckinghamshire, like the rest of the UK, is increasingly becoming older. There are now more people over the age of 65 than ever before. There were 44,100 more citizens aged 65+ in the county in 2020 than in 2000, which is a 73.4% increase.
34,000
total population in catchment area
17%
of total population is 65 and over
40%
home ownership
(outright owned)
£4,122
Average Residential price per sqm
6
Existing Care Homes in the catchment area
Existing provision is predominantly older stock that has been refurbished or converted
+34.6%
Elderly population in the county aged 65+ forecast to increase to 36,100 by 2040
£545,000
Average detached house price value
1 in 11 people over the age of 65 have dementia in the UK
Dementia patients occupy 1/4 of all beds in the NHS
By 2030, 500,000 adults living with dementia will not have access to a care home bed within care homes, 70% of residents have dementia or severe memory problems
Data sourced from: Experian, caredata.co.uk, LaingBuisson, Alzheimer’s Research UK, NHS, CareHome.co.uk, Age UK, Bucks Data Exchange
Site Acquisition
and Legal Considerations
Process
The site is for sale via informal tender. Offers are invited for the Freehold of the site with vacant possession. Muller Property Group is under no obligation to accept the highest or any offer for the site.
Costs
Each party is to be responsible for their own legal costs, surveyor’s fees and any other costs incurred in the transaction.
Viewings
Viewing of the site is available by roadside inspection at any time. On site access can be arranged by prior notice through Muller Property Group.
VAT
Land at London Road has been elected for VAT which will be chargeable on the sale price.
Additional Information
For further technical information regarding the opportunity, including access to indicative designs and relevant legal information please contact Muller Property Group.
Technical Information
& Assumptions
Muller Property Group will obtain planning permission for the scheme which will be for all matters of design, layout, floorplans, external works, materials, finishes and specifications, with only landscaping reserved for later approval.
Contact us to get more information on the site at London Road.
Julie Doherty
jad@muller-property.co.uk
01270 824265
Disclaimer
Muller Property Group for themselves and for the vendors or lessors of this property, give notice that;
a. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract.
b. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise.
c. No person in the employment of Muller has any authority to make or give any representation or warranty whatever in relation to the property.
d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.
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