Acting on behalf of the Warwickshire College Group, Bromwich Hardy have sold the freehold of the former Henley in Arden College.
The site consisted of approximately 14 acres of land including Arden House a Grade II Listed building together with a 1990’s teaching block which was likened by many to a prison block!
Richard Hardy commented: –
“Planning permission had previously been obtained for a care village, but the model proved to be uneconomic from a development point of view and we were appointed to advise on how best to maximise value. Planning was always going to be challenging as the site is in Green Belt, and care had to be taken to respect the environment of the Listed building. “
Following an extensive marketing campaign a sale was agreed to Octopus Healthcare Developments Limited who obtained planning permission for a revised scheme to include 30 new build apartments, a 64 bed care home, whilst retaining the Grade II Listed house which will in due course be converted into further assisted living apartments.
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