An outstanding development opportunity to deliver a market leading
care home in one of the most affluent settlements in Derbyshire
Located within the attractive market town of Ashbourne in the Derbyshire Dales, Ashbourne is one of the most affluent and desirable settlements in Derbyshire
Proposed 74-bed scheme with positive pre-application planning feedback
Vendor will fund and submit a planning application in Q2 2024
Benefitting from average house prices exceeding £360,000 throughout the 5-mile catchment of the site
Significant lack of en-suite wet room bed spaces and very limited dedicated dementia provision in existing care homes servicing the catchment
Highly accessible site with excellent public transport links
Complementary existing and proposed surrounding uses – residential, commercial and green spaces
Site area measures 1.63 acres (0.66 hectares)
Freehold site (title no. DY486203) with vacant possession
The Location
The site is located some 2 kilometres South East of Ashbourne Town Centre, on the North side of Derby Road, immediately adjacent to the eastern terminal roundabout for the A52 Ashbourne by-pass, and between Derby Road to the South and the extensive Airfield Industrial Estate to the North.
Ashbourne is an affluent market town located in the Derbyshire Dales within the East Midlands. The closest town to the Dovedale valley in the Peak District and is described as ‘The Gateway to Dovedale’.
The 5-mile catchment area boasts an average house price exceeding £360,000
Links & Transport
The site is easily accessible by road and benefits from the nearby convergence of the A52 and A515 which provide access to nearby towns of Mayfield and Clifton.
Bus routes run along Derby Road and provide public transport with the closest bus stop a 3 minute walk from the site, providing access to the centre of Ashbourne in 10 minutes.
The Site
The site is accessed via two separate entrances off Derby Road, the northern entrance is currently operational, servicing the existing property. An entrance once used for the industrial estate located on the South of the application site is no longer utilised.
The site is opposite to Cameron Homes’ Sycamore Grange housing development which comprises four and five-bedroom detached houses with prices ranging from £500,000 to £729,000. The development sold out earlier in the summer.
To the north east of the property is the Airfield Industrial Estate from which the site is well screened by a boundary of mature trees and foliage.
Further east of the site is the proposed Dales Park development which will comprise a new high quality business park, new commercial units, a pub, hotel, community facilities and more than 360 homes. The link road, Harrison Way, opened earlier this year.
The remaining surrounding area of the site is characterised by existing and proposed residential, commercial properties and green spaces.
The Care Home
The care home has been sensitively designed by experienced care home architects to offer a range of features and amenities expected by private fee paying residents and their families.
Key Features
74-beds with 100% ensuite wet room bed spaces
Accommodation over 2.5-storeys
Ample communal provision comprising:
– resident lounges
– entrance lobby
– dedicated dining spaces
– hair salon
– cinema
27 car parking spaces including 3 accessible parking spaces and an ambulance bay
Private garden and terrace spaces
Dedicated back of house facilities for staff
The Layout
Market Analysis
Within 5-miles of the site the market picture is as follows;
c.£360,000
Average house price for all homes
An affluent market with limited provision of elderly and dedicated dementia care
0%
of existing care beds offer dedicated dementia care
0
Number of existing care homes which meet futureproof investment standards
366
Undersupply of beds within
a 10 mile radius
1
Competing sites with planning permission for new care homes
£1,900
Quoted fees for Nursing care
Evidence of strong fees in older homes
£1,500
Quoted fees for Personal care
Note: Catchment area based on the statistics for September 2023, sourced from Carterwood Analytics
More Information
Tenure:Freehold VAT:The property has not been elected for VAT.
The Process
Offers are invited on an unconditional and subject to planning basis
All enquires are to be addressed directly to the CBRE team
Under no circumstances are any enquires to be raised to our client, directly without prior written agreement of CBRE
Please note that no visits are permitted unless arranged via CBRE
The Vendor is not obliged to accept the highest offer, or any offer
CBRE will confirm further process details in writing to interested parties
The site will be subject to a site investigation which will inform ground conditions and foundation design. For the purpose of making an offer, piled foundations should be assumed
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.
Further planning & technical information is available on request.
Fi Patterson fi.patterson@cbre.com +44: 07388958450
Disclaimer
CBRE Limited on its behalf and for the Vendors of this Property whose Agents they are (and ‘we’ and ‘our’ shall include both of them), give notice that:
Information here in has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market.
Neither the information, nor any opinion expressed herein constitutes a solicitation, or recommendation by us of the purchase, or sale of any securities, or any other financial instruments.
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We do not accept any responsibility for the consequences of any person placing reliance on the content of this information for any purpose. The information contained in this presentation, including any data, projections, and underlying assumptions are based upon certain assumptions, management forecasts, and analysis of information available as at the date of this presentation, and reflects prevailing conditions, and our views as of this date, all of which are accordingly subject to change at any time without notice, and we are not under any obligation to notify you of any of these changes.
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