GVA, acting on behalf of Bupa, has successfully secured the sale of a former care home in Ipswich.
The prominent Grade II listed property is attractively located on a 3.2-acre site (1.3HA) close to the centre of Ipswich.
Iain Lock, Head of Health at GVA, said: “As an iconic site with an important history in the heart of Ipswich, the Anglesea Heights marketing campaign attracted a significant amount of interest consisting of a variety of C2 and C3 developers both local and from the wider market.”
Michelle Smith, Acquisitions Director for Bupa UK, said: “I’m delighted that the site has been acquired by Ipswich School, meaning it will continue its long history of serving the local community.”
The deal is the second within weeks that GVA has secured on behalf of Bupa. Last month, GVA announced the sale of Goldsborough Estates – a wholly-owned subsidiary of Bupa – to Housing & Care 21 following another competitive marketing campaign.
Goldsborough Estates comprises a nationwide portfolio of private retirement developments with key clusters in London and the North West. With 20 sites and a total of 577 individual apartments, the successful acquisition increased Housing & Care 21’s property portfolio to more than 20,700 across England.