Care home development site goes up for sale in Fife village

  • 10th December 2024

Specialist business property adviser, Christie & Co, has been instructed to sell a care home development site with planning permission in Elie, Fife.

This one-acre development site is located on the eastern edge of the affluent village of Elie in the East Neuk of Fife and boasts panoramic sea views.

The plot forms part of a larger mixed-use development with planning permission in principle granted in February 2023 for a variety of uses, including the building of a 60-bedroom care home.

Andrew Fyfe, associate director of care at Christie & Co, who is handling the sale, explained: “This is a fantastic site with room to develop a 60-bedroom care home.

“Residents are likely to be drawn from the surrounding Fife towns and, with private fees in excess of £1,800 in the catchment, we believe this represents an excellent opportunity for a developer/operator to build something really special.

“We would also encourage parties with other proposed uses to come forward as there may be opportunities for development within the wider masterplan.”

The site is on the market with offers invited on a subject-to-planning basis.

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