A care development site in Moreton in Marsh, Gloucestershire, has been sold on behalf of Mercian Developments to regional care provider, Taylor & Taylor.
The development includes full planning permission for a high specification 60 bedroom care home, situated on the edge of the Cotswolds Area of Outstanding Natural Beauty, providing a picturesque setting.
Charles Taylor, managing director at Taylor & Taylor, comments: “This site represents a wonderful opportunity to expand our group and bring our high quality care offering to the people of Moreton in Marsh.”
Jordan Rundle, associate director at Christie & Co, who handled the sale, comments, “Moreton in Marsh is undersupplied with market standard care beds and this, coupled with the strong underlying wealth profile of the town, provided a compelling opportunity for an operator to meet this demand.
“The site itself provides an excellent setting for a new care facility benefiting from stunning views over the Cotswolds hills and being situated adjacent to the North Cotswolds Hospital. Mercian Developments has been a pleasure to work with on this project and we wish them and Taylor & Taylor every success in the future.”