Investors secured for a new development in Surrey

Specialist business property adviser, Christie & Co has brokered the forward letting and investment sale of a new care home scheme in Banstead, Surrey on behalf of Lucas Design and Cheylesmore.

Hallmark Care Homes will take an operational lease for a period of 30 years on completion of the building in 2018. The scheme will see 77 premium en suite bedrooms and facilities including a spa, cafe, hairdressing salon, cinema and shop, as well as a wide variety of social and relaxation spaces including landscaped gardens.

Leslie Lucas, managing director of Lucas Design said: “This is the first of many schemes we will bring forward with our development partner, Adrian Ball of Cheylesmore. It has been great to work with Hallmark and Octopus Healthcare who share our approach to delivering a best in class product.”

Avnish Goyal, managing director of Hallmark Care Homes said: “This is the first operational lease for Hallmark. Our own experienced development team headed by Sue Earrey underpinned our decision to take this step with Lucas and Octopus.”

Freddie Richards, investment director for Octopus Healthcare added: “We have known Hallmark for many years and have always admired their approach to excellent care delivery, with highly trained and motivated staff. We are delighted to have entered into a long term partnership with them in a prime Greater London location.”

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