Development Opportunity FOR SALE in Launceston, Cornwall

  • POA
    • Launceston, Cornwall, United Kingdom
FOR SALE

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Property Description

Former Hospital Asset in Cornwall – Scarne Cross, Launceston Development Opportunity
Fraser Bond is pleased to present Scarne Cross at Launceston General Hospital, a former healthcare property located within the historic market town of Launceston, Cornwall.
The property forms part of a former hospital complex and extends to approximately 0.23 acres. Buildings of this nature typically provide flexible layouts suitable for clinical, administrative, or residential conversion purposes.
Positioned within a well-established residential and community setting, the site benefits from proximity to Launceston town centre and local amenities. The surrounding area offers a blend of rural charm and accessibility, making it an increasingly attractive location for both residential and commercial development.
Subject to planning, the property presents an excellent opportunity for residential conversion, community use, or alternative commercial redevelopment, appealing to investors seeking value-add opportunities in the South West.
Area or Size of Property
Site Area: Approx. 0.2280 acres
Internal Size: Not publicly confirmed
For Sale: Not openly marketed (off-market opportunity)
Price: POA
Key Features
Former hospital / healthcare building (Scarne Cross)
Approx. 0.2280-acre site
Located within Cornish market town
Suitable for residential or alternative use (STPP)
Close to Launceston town centre
Flexible internal configuration
Opportunity for refurbishment or redevelopment
Internal size not publicly confirmed
Price guidance: POA
Location Description
Launceston is a historic market town in Cornwall, offering a mix of traditional character and modern amenities. The town provides a range of shops, schools, and community services, supporting a strong local population.
The property is located near the town centre, within an established residential and healthcare setting. The A30 provides direct access to Exeter and the wider South West, enhancing connectivity.
Cornwall continues to attract demand from both residents and investors due to its lifestyle appeal and improving infrastructure.
Investment Angle
This asset represents a South West redevelopment opportunity:
Suitable for residential conversion or alternative uses (STPP)
Located in an attractive rural market town
Potential for refurbishment-led value creation
Growing demand for housing in Cornwall
Opportunity to reposition former healthcare asset
Healthcare properties in regional towns offer strong potential for conversion into residential or mixed-use schemes.
For further information or to discuss redevelopment opportunities across Cornwall and the South West, please contact Fraser Bond.
Characterful assets with conversion potential in desirable regional locations remain highly sought after—early engagement is recommended.
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