Specialist business property adviser, Christie & Co, has announced the sale of a site with the benefit of a full planning consent in the market town of Downham Market, Norfolk.

Aspire LPP identified that the catchment area had a significant undersupply of market-standard care beds, and subsequently achieved planning consent within a six-month timeframe for the demolition of existing properties and the construction of a 72-bedroom care home with associated landscaping and parking on the 1.2-acre site.

Situated in a highly-prominent gateway location to the market town, which is currently undergoing development to include a supermarket and café, the consented care development is well placed to benefit from community amenities and the nearby high street. 

Following a market-wide sales process, the development site has been sold to one of the largest care home providers in the UK.  

Aspire managing director, Michael Lucas, said: “Aspire is delighted to have delivered this best-in-class care home development site in Downham Market.

“This project represents one in a pipeline of care home developments which Aspire is delivering to the market during 2022 and beyond.”

Jordan Rundle, director of healthcare development at Christie & Co, which handled the sale, added: “The catchment for Downham Market has a material shortfall of 188 market standard care beds, which is forecast to increase to 290 by 2031.

“Aspire has delivered yet another planning permission and this best-in-class scheme design will provide futureproof accommodation for the growing need in the town and surrounding area.”