Shore Rd - Cooriedoon 19,998 SF Health Care Building Offered at $636,431 in Isle Of Arran KA27 8LA

INVESTMENT HIGHLIGHTS

  • Former 27 bedroom nursing home.
  • Sea views
  • Potential for alternative uses including residential conversion.

EXECUTIVE SUMMARY

The property’s accommodation is arranged over the ground, first, and second floors and consists of 27 bedrooms (accessible by a lift or
stairs), some with en-suite facilities, with each floor also benefiting from an accessible bathroom or shower room.
In addition to the extensive sleeping accommodation, the property has a multitude of other rooms that have previously been used as communal/staff spaces, such as living rooms, two kitchens, lounge rooms, a dining room, staff rooms, offices, and various store rooms, a
laundry, and WCs, with the public rooms and kitchens offering potential for conversion into commercial kitchens/a restaurant if the new owner takes the hotel/guest house route. The opportunities are truly endless with Cooriedoon, and the new owner has creative scope to elevate this beautiful property and use it to its full potential.
Externally, Cooriedoon is set in generous grounds, boasts a rooftop balcony, and extensive parking is available by way of a large, private driveway.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Price $636,431
Price Per Bed $23,572
Sale Type Investment
Tenure Freehold
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.46 AC
Building Size 19,998 SF
No. Beds 27
No. Stories 3
Year Built/Renovated 1900/1988

AMENITIES

  • Waterfront
  • Listing ID: 28553010

  • Date on Market: 5/23/2023

  • Last Updated:

  • Address: Shore Rd, Isle Of Arran KA27 8LA