Specialist business property adviser, Christie & Co, has sold the former restaurant, The Regency Club, in Sheffield.
The Regency Club was owned and operated by Kevin Johnstone for over 10 years before coming to the market in 2019. The site attracted interest from the local hospitality market and latterly caught the interest of a number of care providers looking to redevelop the site.
Following a confidential sales process with Alex Rex and Hayley Hughes at Christie & Co, it has been purchased by a care operator with interest in homes across the country.
Their application was accepted on the basis that their plans to demolish the existing private club and erect a single-storey residential care facility, made up of six apartments with a communal lounge, offices and a pre-fabricated training room, were approved by the local council.
Alex Rex, Senior Business Agent – Pubs & Restaurants at Christie & Co, said: “The Regency Club was a popular social hot spot known to the local community of Sheffield and was further afield.
“The transformation from a licensed premises to a housing development to provide support for vulnerable adults was approved by the local authority in early 2024 and the sale concluded swiftly thereafter. We wish Kevin all the very best for the future.”
The Regency Club was sold for an undisclosed price.