West London NHS Trust has put the site of the infamous former Broadmoor Hospital site up for sale as a circa 60-acre, residential-led development opportunity.
Montagu Evans has been instructed to find a buyer for the site, which is understood to have a land value of more than £35m.
The site, in Crowthorne, Berkshire, historically held some of the UK’s most notorious criminals, including Peter Sutcliffe, Ronnie Kray and Charles Bronson.
The development opportunity includes around 100,000 sq ft of Grade II listed buildings within the former secure perimeter wall, including a chapel, kitchen garden and terraces.
The site has been adopted into the local plan, underpinned by a masterplan created by BDP in 2011 consisting of 210 new-build homes, 60 flats for later or supported living, a 60-bed care home and around 45,000 sq ft for an R&D facility.
Architecture practice LDA Design has prepared a revised residential-led masterplan for the site which include between 251-332 homes, 33 later-living apartments, 56 converted apartments within the Grade II listed building, a 60-bed care home and flexible workspace. The R&D facility is no longer deemed a priority by the trust, owing to shifting market conditions and requirements.
An additional circa 32 acres outside of the secure perimeter will be allocated for Suitable Alternative Natural Greenspaces – one of the Thames Valley’s Special Protection Areas to offset the development of the surplus former hospital site.
The Victorian facility which dates back 160 years, was replaced by a modern building and grounds on a secured, screened, adjacent site, with the new hospital opening in December 2019.
Vanessa Lee, head of property and major transactions at West London NHS Trust, said: “The old Broadmoor Hospital site represents a rare and significant opportunity to deliver a thriving new working village that is respectful of the site’s heritage, yet fit for the needs of modern life.
“We envisage a healthy new and diverse community with homes to suit differing needs from first time buyers to retirees, and amenities that allow the village to be largely self-sustaining.
“The combination of restored Victorian buildings with exceptional countryside views, gardens and contemporary housing, all with easy access to nature, makes for a highly compelling proposition.”
Howard Williams, partner at Montagu Evans, said: “This is a rare opportunity to bring forward a major Thames Valley site for high-quality residential redevelopment. The launch represents the culmination of years of hard work between the trust and the wider project team and we look forward to exploring meaningful opportunities with interested parties who can appreciate this new vision and future direction.”
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