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- FORMER RESIDENTIAL HOME WITH POTENTIAL FOR EXPANSION OR REDEVELOPMENT
- Total Site Area extends to c. 0.786 Acres
Additional InformationExceptional residential setting on the Castlerock Road, part of the A2 Causeway Coast Route, nestled between Loretto College and Coleraine Grammar School, all under 1 mile from the town centre.
The original house was built in 1872, and has since been extended to facilitate the outgoing use as a retirement home with accommodation comprising 9 single and 3 double resident rooms over 2 floors with kitchen and common rooms at ground floor level and additional storage in the extensive attic rooms.
Obvious opportunity exists to revive this long established and well run business, with the added potential to expand the current capacity beyond its current 15 residents. Alternatively the existing building could be refurbished or site as a whole redeveloped into any number of alternative schemes, subject to planning, to include boutique hotel, educational services etc. The obvious redevelopment option is residential housing and whilst there is no planning approved early schemes show up to 11 units will fit in the site or if focusing on higher value detached obviously less (all subject to planning)
As an elevated site, any end scheme will have views over Knocklade and Slemish, making this an opportunity that doesn’t present to the market very often in this popular locality.
Total Site Area extends to c. 0.786 Acres
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