28/30 Castle Road, Cookstown, Co Tyrone, BT80 8RA

Features of this property

• Development Land (2.6 Acres) / 1.052 Hectares
• With Planning For 50 Bed Nursing Home & 8 Dwellings

Property Description

LOCATION & DESCRIPTION

Located on the south eastern edge of the town centre, yet convenient to all its amenities.

On the southern location of the town’s main thoroughfare with Castle Road, opposite the Asda Supermarket Complex and convenient to the Dungannon Road Roundabout (A29).

The Killymoon Golf Course is adjacent to the immediate north, and the location is pleasantly rural in character, upon an elevated site with sweeping views south.

An attractive design has been submitted to the Planning Service (see plan opposite) incorporating a 50 bed Nursing Home on three levels plus 8 no. bungalows as part of same complex. Outline Planning Outline Planning Granted (6 July 2010 – I/2008/0499/0) for 50no. Bed Nursing Home and 8no. Retirement Dwellings

Other uses such as new housing, subject to planning, or existing use as two fine homes with spacious yard, offers scope for mixed residential and business use.

Both residential properties are currently let out on short term tenancies. 

Note:  The owners will consider building the approved Nursing Home in conjunction with an operator in some form of Joint Venture, under Operating Agreement or under initial lease for say 3 years, with an undertaking to purchase at any time within 3 years.

PRICE

Offers Invited Over £695,000

TITLE

Freehold

CAPITAL VALUES

No. 28    (House / Agricultural)               £160,000 

No. 28 A (Outbuildings)    No information available

 No. 30    (House)                                £160,000

VAT

All prices, outgoings etc quoted are exclusive of, but may be subject to vat.

CONTACT

Tony O'Connor

tonyo'connor@okt.co.uk

Tel:  023 7034 4244

Location of 28/30 Castle Road, Cookstown