Brand-New 80-Bed Care Home for Cheshunt, EN8

A substantial and much-needed care home for the location

Key Information

Location

Cheshunt, Hertfordshire, EN8

Planning Status

Resolution to Grant Detailed Planning Consent

Price

POA

Description

Development Opportunity

Contact

Dean Leslie

Overview

GLPG assembled a mixed-use site in Cheshunt, EN8 which suited redevelopment due to its prominent size and position.

Following research and initial discussions, GLPG discovered that there was a large demand for care within the sector and our Team began speaking with potential purchasers.

A sale was agreed to an established care home operator in 2019, conditionally upon a successful planning application.

Through a highly collaborative and detailed planning application, planning was granted in Q4 2021 by Broxbournes Planning Committee.

To learn more about working with GLPG and to discuss your ongoing buying, selling & funding requirements, please get in touch with a member of our team.

Investment Summary

  • Existing mixed-use site
  • The proposed scheme provides a substantial 80-bedroom care home
  • The proposed scheme includes a cinema, facilities, gardens, parking and other amenities
  • Sold to an established care operator

Our Client

Private

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