LNT Care Developments purchases 66-bed lakeside site in Halling from Aspire

  • 19th February 2024

The site has been purchased for £2.88m

LNT Care Developments has purchased a 66-bedroom care home site in the picturesque development of St Andrews Park, Halling, from Aspire LPP for £2.88m.

Commercial real estate firm, Colliers, negotiated the deal, which also includes the lease of a new 3,830sq ft Tesco store currently under construction within the two-acre site.

Situated close to a residential development, and overlooking St Andrews Lake in the borough of Medway, the site is four miles south of Rochester and just over an hour to London by train or car. Planning permission has already been secured for the development of a three-storey care home complete with en-suite wetrooms.

LNT expects to start its own works on site this quarter and hand over to its operating partner and begin welcoming residents by the first quarter of 2025.

Keeley Sharp, strategic land director from LNT, said: “LNT Care Developments is proud to build industry-leading care homes that provide great places for residents to live and that generate employment opportunities for local communities.

“Our care home in Halling will become an integral element of the St Andrew’s Lake development by providing 66-residential care beds along with a range of luxury wellbeing facilities for the elderly population.”

Michael Lucas from Aspire added: “Our team has once again demonstrated their ability to efficiently secure planning to deliver care spaces and multi-use assets.

“It has taken less than nine months from initially assessing this site to achieving consent and starting development.

“Having taken this project through the planning process, it’s great to hand over the care site to a developer which we know is as committed as we are to providing care spaces which are fit for purpose.

“We have a number of projects currently in our pipeline and are looking to secure further land opportunities in 2024 and beyond.”

Keep Updated

Sign up to our weekly property newsletter to receive the latest news.