75-bed care home acquisition
Conditional acquisition and vacant possession strategy
75bedrooms on an occupied commercial site
- Location
- Chester
- Sector
- Care Home Development
- Capacity
- 75 bedrooms
- Transaction
- Conditional contract, subject to planning
- Seb’s role
- Identified and structured the acquisition, negotiated the contract and the vacant possession strategy
Seb identified and structured a land acquisition opportunity for the development of a purpose-built 75-bedroom care home on a site occupied by multiple commercial tenants.
The transaction needed a carefully considered approach to the existing occupational arrangements. Seb negotiated a conditional contract subject to planning permission, alongside a vacant possession strategy involving several short-term office leases.
The approach was designed to overcome the site’s occupational constraints, consolidate the development opportunity and provide a viable route towards delivery of the care home.
Key achievements
- Conditional land acquisition
- Commercial lease negotiations
- Vacant possession strategy
- Development potential unlocked
This case study reflects the founder's personal professional experience, including projects undertaken during previous employment. It is presented to demonstrate individual involvement and should not be interpreted as a project undertaken directly by SMR Land Ltd. The site name is withheld.
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Seb Morris
Founder and Director