Perseus Land & Developments Completes Unconditional Purchase of Guildford Care Home

By 7 August, 2020Perseus News

Perseus Land and Developments, the developer of bespoke care homes, retirement and residential accommodation for the later living sector, in collaboration the Barwood Property 2017 Fund, has completed the unconditional-on-planning purchase of the former Ashley House Care Home in Guildford.

Ashley House Existing

Ashley House, which closed in July 2020, was a converted 32-bedroom care home on a 1.1-acre site in a prime location where house prices within a two-mile radius average £600,000.
Perseus submitted a planning application in July to demolish the existing care home and develop a purpose built 60-bedroom facility in its place. This will provide much-needed residential, dementia, respite and palliative care for local people.

Duncan Ford, managing director said, “We are delighted to have acquired this site. This acquisition resulted from some good, old fashioned “door knocking”, which is a lost art among many developers, but one which we still value”.

Perseus has an excellent pipeline of site acquisitions in similar, prime locations and is always delighted to assist care home operators with their expansion plans.

Perseus is also prepared to purchase sites unconditionally-on-planning and welcomes enquiries from agents or landowners.

Ashley House Proposed

Perseus was advised by Christie & Co, Gillings Planning and Shoosmiths LLP on this purchase.