SALE OF FORMER CARE HOME 

FOR PROVINCIALATE TrUSTEES LTD

Bidwells were instructed to market the property to a wide spectrum of possible purchasers to achieve the best price for the client.

What we did

  • Initially assessed the potential for redevelopment to maintain the existing use
  • A decision was made to close the home, and the property was placed on the market with a variety of end use
  • We ensured the property received wide exposure and identified a variety of potential purchasers from across the country in sectors including residential, care, student accommodation and offices.
     

 

Result

  • We received 40 different proposals, both conditional and unconditional,via a competitive bidding process

  • The successful party was a long established Cambridge institution, St Mary’s School, an independent Christian School of Catholic tradition for conversion to a boarding school

  • The sale was unconditional.

 

34.5k sqft

care home set in 1.36 acres

 

 

 

 

The Hope Brooklands Avenue 3

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