The Manor Park residential space in Ruddington was bought to retirement specialists
David Hargreaves of FHP Property Consultants has confirmed the sale of 2.2 hectares of land in the sought-after Manor Park residential area in Nottingham to retirement specialists – Churchill Retirement Living.
Pete Oakley, Regional Land and Development Director of Churchill Retirement Living Ltd, confirmed that planning permission has now been granted by the Rushcliffe Borough Council for 43 retirement homes.
“The new development will offer attractive, high quality, safe and self-contained accommodation on landscaped grounds. As with all Churchill Retirement Living developments, apartment owners enjoy independent living and a sense of community with the benefits of a shared owners’ lounge, guest suite, lodge manager and 24-hour emergency alarm service. “
Hargreaves, who worked for the local charity that owned the land, said, “This is a stunning place in the middle of Manor Park in Ruddington with great facilities nearby.
“With numerous old trees on the site, the approved project comprises 43 apartments in an established and sought-after location and will be an impressive development after completion.”
Tony Hillary, a trustee for the charity, said, “We were delighted with the dedication of FHP and our legal team to our charity to hold this deal together and then get sales across the line, especially through the pandemic and lockdown the price achieved by FHP. “
Pete Oakley confirmed that construction would be imminent as the apartments are expected to be available for purchase and move in by next summer.
Isobel Radford and Louise Mee of Freeths acted for the charity in partnership with FHP in sales, while Shoosmiths acted for Churchill.