Audley Group, a UK provider of luxury retirement villages, has exchanged contracts on its 19th Audley Villages site at Cobham, Surrey.
Audley has been working alongside Surrey based developer, Levanter Developments on the project and has now purchased the site.
The site, Audley Group’s second in Surrey, is in an extremely desirable location with excellent transport links due to its proximity to the M25 and A3, close to the towns of Esher and Epsom, while RHS Garden Wisley is less than eight miles away.
Planning has been granted for the demolition of the dilapidated 1920s detached house, and proposals will be submitted for the development of an entirely new-build Audley Villages scheme consisting of one, two and three bed units. It will be the smallest village in the Audley portfolio, reflecting the exclusivity of the location.
The proposal also includes the creation of an Audley Club which will offer owners and the local community a restaurant, health spa with hydrotherapy pool, gym and wellness studios. Once complete, the village will also offer home care to owners and members of the local community through Audley Care, Audley’s Care Quality Commission-registered care provider.
Approximately 65 local jobs will be created across the construction and operational phases.
John Nettleton, land director, Audley Group (pictured), says: “To add such a fantastic location to the Audley Group portfolio is testament to the group’s commitment to excellence. Our capability to deliver retirement living of the highest order, be it through a renovation and restoration project, or as in this case a new build development, ensures we continue to thrive at a time when the UK is crying out for this type of accommodation.
“This site represents our second Audley Villages acquisition of 2018 following Scarcroft in Yorkshire, while planning was recently granted at our first Mayfield Villages site in Watford, with construction to start later this year.”
Chris Manning, director, Levanter Developments, says: “Levanter are pleased to have the opportunity to bring forward another retirement development in Surrey. The entire team at Audley Group have been a pleasure to work with and we have no doubt that an Audley Village in this location will be a fanastic addition to Cobham and the wider community.”