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Nazareth House up for Sale with £750k Price Tag

Derry Journal
February 11, 2014

http://www.derryjournal.com/news/business/nazareth-house-up-for-sale-with-750k-price-tag-1-5847602

Nazareth House

A former residential care home in Derry run by the Sisters of Nazareth for more than 100 years is for sale.

Nazareth House, at Bishop Street - which closed last year - is now on the property market with a guide selling price of in the region of £750,000.

The property that’s currently for sale includes the former nursing home, as well as a chapel and a three-bedroom bungalow.

The site extends to some 1.65 acres and because of its elevated location boasts commanding views of the River Foyle and the east bank.

Property experts say it represents an “excellent opportunity” and could, perhaps, be used for “healthcare, educational or institutional use” or, alternatively, could be re-developed.

The sale brochure says the existing buildings may be suitable for conversion to apartments or other residential development.

There is access to the site from both Bishop Street and Foyle Park which allows for possible sub-division of the site.

The property comprises the original building, which dates from the early 19th century, along with two more modern wings built in the early 1960s.

The property was historically used as a care home for both children and the elderly and was run by the Sisters of Nazareth. It was operational up until September 2013.

The original building consists of a four storey stone and red brick structure. It accommodates a number of administrative offices, reception rooms and a dining hall with the upper floors generally containing the residential accommodation.

Flanking the original buildings are a single storey chapel and a three storey bedroom block.

Extensive landscaped grounds are located to the rear of the property and could present further development opportunity.

There is a three-bedroom bungalow located at the southern end of the site with separate access to Foyle Road.




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