LNT Care Developments have purchased a site with the benefit of full planning consent in Somerset.
The Leeds-headquartered specialist care home developer bought the Midsomer Norton site through business property adviser Christie & Co for an undisclosed sum.
Full planning permission was granted in February 2019 for the construction of a 66-bedroom care home on the circa 1.3-acre site. The scheme sits within a wider residential development which also includes a new primary school. Situated to the south of Midsomer Norton’s town centre, the consented care development is well-placed to benefit from desirable community amenities and public transport connections.
The site, which was previously owned by Strategic Land Partnerships, has been purchased by the developer of carbon-zero care homes in the UK.
Read more:New development opens at former Redlands Airfield site near Swindon
Keeley Sharp, strategic land director at LNT Group, said: “LNT Care Developments is delighted to have acquired this scheme in Midsomer Norton, adding to an established and emerging pipeline of sites across the South West and in line with our strategy to continue to address the shortfall in quality care provision across the UK. With planning permission already secured for a 66-bedroom care home, LNT construction has commenced works on site, and we look forward to the opening in late Autumn 2024.”
Simon Steele-Perkins of strategic land partnership, added: “I am delighted to have reached this important milestone. This is a good example of how a vision from 12 years ago can be turned into reality by being patient, doing the ‘right thing’, and meaningfully engaging with all parties over a very long period of time.
“There was a desperate shortage of school spaces but no site for a new school. There had been several failed attempts at delivering a care home for the town, and the local authorities had struggled over the years with the delivery of enough housing and affordable housing. To achieve all of this would not have been possible without superb planning and technical support led by Nicola Lovell now at Avison Young and an outstanding legal team led by Elizabeth Newson at Michelmores.”
Sara Hartill, associate director – healthcare development at Christie & Co, who handled the sale, said: “A care home development site in this location is well suited to the needs of future residents and will integrate well into the town as a vital community asset where there was a demonstrable need for a new, purpose-built care home. The scheme sits within an attractive wider development that will offer much-needed provision for generations to come. We look forward to seeing the finished product.”
Like this story? Why not sign up to get the latest South West business news straight to your inbox.
You can find this story in My Bookmarks.Or by navigating to the user icon in the top right.