Barker Storey Matthews Bury St Edmunds Office has completed the sale of Wade House in Stowmarket. The former care home, which was previously occupied by Care UK closed in 2015. The property comprising 14,265 sqft on 0.84 acres has now been sold for redevelopment and is likely to provide affordable housing, due to its proximity to Stowmarket Town Centre and railway station.

Stowmarket has seen good levels of residential development; Chilton Leys on Chilton Way is currently being developed by Taylor Wimpey and there is also commercial development on the south side of Stowmarket at Gateway 14 which will accommodate over 1 million sq ft of logistics and warehousing space.

Barker Storey Matthews are also marketing the Former Ixworth Court Care Home in Ixworth, which is set on a site of approximately 1.1 acres and may be of interest to care operators as well as developers. For further information please contact Steven Mudd on 01284 702 655.