Portunus Associates, acting on behalf of Charterpoint, brokered the sale of the care home development site at Westcombe Park to LNT Care Developments, a leading speclialist care home developer.
The deal follows the granting of planning permission in the summer for the 66-bedroom care home at the development in Heybridge, near Maldon in Essex.
It paves the way for work to start on site on the three-storey care home, which will provide residential care and residential dementia care.
Meanwhile, Charterpoint will continue to develop detailed plans for the neighbourhood centre and other associated facilities at Westcombe Park, which will include later living apartments, a health centre, a convenience store, other retail units, and a day nursery.
MD of Charterpoint Group Giles Nursey said: “The sale of our care home site at Westcombe Park to LNT Care Developments marks the next stage of development at this exciting garden suburb of Heybridge.
“We look forward to seeing the delivery of this first-class care home, which will become a valuable community asset. Our focus is now on developing more detailed plans for additional facilities that are planned for the neighbourhood centre for Westcombe Park.”
Located on the outskirts of Heybridge next to the historic town of Maldon, Vistry’s Westcombe Park development is spread over 418 acres and will deliver 1,035 high quality new homes – of which 30% will be affordable – alongside a range of new community facilities and open green space.
The care home, later living apartments, health centre, convenience store, retail units and day nursery are key elements of the new community.
The title image is a CGI produced by LNT Care Developments