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Apartments sold to operator

COMMERCIAL developer Peveril

Securities and senior living developer

Charterpoint have sold a site in Beeston, Nottingham to specialist retirement living developer Churchill Retirement Living.

Last year the site received planning permission for a development of 51 retirement living apartments from Broxtowe Borough Council.

Churchill’s regional managing director Robert Monkman said: “We’re looking forward to starting work on this new development, which will create a vibrant new community in the heart of Beeston.

“Retirement housing is the most effective form of residential development for generating local economic growth, supporting local jobs, and increasing high street spend.

“Our new apartments will also help improve the health and wellbeing of those who live there, and meet the housing needs of many older people in Beeston and the surrounding area.

“We are actively looking for more new sites like this to bring much needed retirement housing to the wider Midlands region.”

Situated on a mixed-use site, on land previously occupied by the former Myford Works, the scheme will feature one and two-bed apartments, plus communal owners’ lounge and coffee bar, along with a guest suite and a lodge manager.

The apartments are part of a wider development on the site which also includes Myford Court, a new development of penthouses and apartments by Peveril Homes, a Central England Co-op store, which opened in May 2020, and a 66-bed care home to be operated by Tanglewood Care Services.

This scheme will mark the completion of the 4.5-acre brownfield regeneration site.

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