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Outline Planning Secured for Mixed-Care Scheme

Former YMCA Building, Peaks Lane, Grimsby DN32 9ET, United Kingdom

The Property

The property comprises a substantial former YMCA facility occupying a prominent site on Peaks Lane, Grimsby. The building spans a large footprint and includes a mix of two- and three-storey elements, offering extensive redevelopment potential.

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Outline planning consent was granted in November 2023 to create a fully integrated care village. The approved scheme includes an 80-bedroom residential care home, intermediate care facilities, independent living units, and the partial conversion of the existing structure into serviced accommodation (Class C3).

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Situated within close proximity to the town centre and major road links, the site is well positioned for healthcare-related use. The scale of the development and flexible consent offer an opportunity to deliver a much-needed supported living scheme in a location with proven demand and public sector alignment.

The Location

The property is situated on Peaks Lane in Grimsby, a well-connected area close to the town centre and a short distance from local amenities, healthcare facilities, and transport links. Grimsby is a major port town in North East Lincolnshire with a growing need for supported housing and care infrastructure.

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The site benefits from easy access to the A16 and A180, providing direct routes to Cleethorpes, Immingham, and the wider Humber region. Peaks Parkway, a main arterial road, runs adjacent to the site, offering strong visibility and accessibility for both staff and residents.

The surrounding area includes a mix of residential housing, educational institutions, and local services, making it an ideal setting for a care village or assisted living development that integrates with the community.

The Strategy

Gain Planning and Sell

Financials

  • Purchase Cost: £700,000

  • Profit: TBC

Current Status

For Sale with Outline Planning.

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