Asylum Road, London, SE15 2LB, UK

Peckham Care Home Site

Asset Description

Southwark Council has recognised a significant need for additional elderly care home beds within the borough and has identified this vacant site for care home use.
The proposed redevelopment of the site for care home use has principle support from the Council’s planning department who want to work collaboratively with an operator to deliver much needed beds for the borough.
The site occupies a prominent position within short walking distance of a range of local amenities.
The site is located opposite an attractive local park, with Queens Road Peckham Overground Station located adjacent to the site, providing good accessibility for future employees and visitors.
The site extends to approximately 0.66 acres, with a massing study indicating potential for a new care home scheme to accommodate up to 90 beds, subject to the necessary planning consents.
Carterwood indicates that there is a current undersupply of 945 wetroom beds within a 15-minute drivetime catchment.
The Council is seeking a block contract on 50% of the care beds delivered on site (30% nursing dementia, 20% residential dementia). The council is also seeking a future 10 % on a first refusal basis.
Offers are invited for a new long leasehold interest on both an unconditional and subject to planning basis.

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