Audley Retirement & Berkeley Group Purchase Sunningdale Park
The Cabinet Office has sold Sunningdale Park in Berkshire to Berkeley Homes and Audley Retirement.
The 79-acre site, which until 2012 was home to the National School of Government, has been conditionally sold, contingent on planning permission being granted for residential and retirement schemes.
Sunningdale Park includes 19,500 sq m of existing accommodation, including Northcote House, a Grade II neo-Georgian mansion, training accommodation with associated lecture theatres, residential accommodation and sports facilities. The North West of the site, totalling approximately 16 acres, has been designated as suitable for redevelopment, with the remaining space given over to the parkland.
Audley Retirement and Berkeley Homes will be working up their proposals for the site over the coming months. These will be displayed to the Royal Borough of Windsor and Maidenhead and the local community during 2017.
Nick Sanderson, CEO of Audley said:
“The purchase of Sunningdale Park is a unique opportunity and we are pleased to be developing this site in partnership with Berkeley Homes. This is the first time Audley has developed a site in a joint venture with a house builder and it is partnerships like these that are vital to addressing the UK’s housing shortage: creating housing that is not only aimed at first time buyers, but can free up much needed existing housing stock by giving older people a greater choice of suitable and aspirational housing.
“We are extremely proud of our exemplary record in securing planning permission and are looking forward to working closely with the local community and stakeholders over the coming months.
“We can’t wait to get started on Audley Northcote Place and look forward to the development of our 15th luxury retirement village.”