Former care home sale creates new opportunity in Wickham, Hampshire

Savills, on behalf of Southern Health NHS Foundation Trust, has been instructed to sell Park Croft in Wickham, Hampshire. The former freehold care home is offered for sale with vacant possession and is exempt from VAT, from a guide price in excess £800,000.

The 4,376 sq ft (406.5 sq m) property sits within a 0.85 hectare (2.10 acre) site and is located off the Winchester Road, close to the market town of Wickham,  within a rural and woodland setting. Since 1987 the property has been used as a 11 bedroom care home and was recently vacated in April 2016. The property has potential to be refurbished for a healthcare operator or converted back to a residential dwelling, subject to planning.

Tim Longhurst, director at Savills in Southampton, comments: “We expect considerable interest in the property from both the healthcare and residential sectors, having recently sold a number of similar properties  in Hampshire for the Trust.”