Specialist business property adviser, Christie & Co, has brought to market a unique opportunity to rent a state-of-the-art former period stately grade 2 listed building that is in its final stages of completion.
Located in Wolverhampton, Bearnett House, which has extensive historical connections to former aristocrats and descendants of the Royals, has now been offered for long-term lease. A year in the making, the site is thoughtfully being converted from an elderly residential home to a state-of-the-art Children’s Residential Facility to accommodate up to 12 children with learning disabilities.
This is a unique business opportunity to own a turnkey operation that has acquired C2 planning permission, which can be used for permanent residency as well as respite care and offers an exciting opportunity for any incoming buyer.
Mr Mahesh Mehan decided to bring the home to market to allow a new operator to run it under management and intends to continue his property journey by delivering further turnkey assets in the future.
Tamara Gee, Associate Director at Christie & Co, who is handling the sale, comments, “I feel honoured to be working with Mr Mehan on this opportunity. He is a credible children’s home operator with a huge passion for this sector, and he will undoubtedly continue to thrive as he creates more replicas of this type of beautiful home.
“There is a huge demand for this type of specialism, and we anticipate a good level of interest from operators.”
Bearnett House is on the market on a leasehold basis and offers are invited.