Our agency team has been appointed by Newcastle City Council to sell Keelmen’s Hospital, a prime development opportunity located overlooking Newcastle’s vibrant quayside.
Most recently used as student accommodation, the 320-year-old building has been empty for almost a decade, but began life as an almshouse, used to offer care for keelmen, their widows and families.
We are marketing the Grade-II listed building for joint sale along with the Men’s Palace next door, offering a fantastic opportunity for a single developer to purchase and transform both together.
Kevin McGorie, agent on the property commented, “Keelmen’s Hospital and the adjacent Men’s Palace offers a rare opportunity for a prime redevelopment opportunity of this scale. The property would be suitable for a variety of uses and we’re already experiencing a high level of interest.
“The properties are ideally located to benefit from the nearby Quayside, home to many of the region’s visitor attractions and a widely unrivalled leisure, retail and hospitality offering.”
Ged Bell, the council’s cabinet member for employment and culture, said it was “a great opportunity to purchase one of Newcastle’s most significant buildings”.
Coun Bell added: “The Hospital opened in 1701 and was funded by the Keelmen themselves which is quite unusual. It was originally used as an almshouse for sick and elderly keelmen and their families.
“It was converted into student accommodation but since 2009 has stood empty. Efforts to bring it back into use have not been forthcoming so we’ve decided to put it on the market to test developer interest. Along with the Men’s Palace next door, it’s a large site with great potential. It’s a fantastic opportunity for someone with imagination and creativity.”