Salmon Harvester And Rock Care To Create Supported Living Community

June 10, 2013

Salmon Harvester Properties (SHP) and Rock Care Partnership (RCP) have formed a joint venture to acquire The Wycliffe Centre, Horsleys Green, near High Wycombe in Bucks.

The property comprises 120,000 sq ft of accommodation on a 23-acre site and is currently used as conference centre and for bible translation by Wycliffe Bible Translators, the current charity owners.

SHP has unconditionally purchased the property for more than £5 million using its own funds and has allowed Wycliffe to remain in occupation as it winds down its operations this year.

SHP and RCP propose to create a new supported living community comprising 156 units in a combination of independent supported and supported living care units with specialist dementia facilities on site. The scheme will have a £40 million completed value and be owned by the joint venture company and managed long term by RCP.

A planning application for the development will be submitted next month and subject to consent construction will begin in early 2014 with completion a year later.

Salmon Harvester Properties is a joint venture between Salmon Developments and NFU Mutual and is an experienced development company with a proven track record and a solid financial base.

RCP is a developer that is specialising in the health and retirement sector and has identified the significant changes to the demographic profile of the UK with increasing requirements for more independent living for elderly people.

Simon Taylor, of RCP said : “The current accommodation options for the elderly are simply inadequate, both in quantity and also in terms of its suitability. We have an increasingly elderly population that wishes to remain independent, active and above all not to be institutionalised. Our vision for the Wycliffe Centre will form a vital part of that solution.”

Doug Stewart, Chief Executive Officer of SHP, says:  ‘This will be our first development in the assisted living sector. We can see a powerful demographic rationale for this development. ”

SHP and RCP were advised by Jones Lang LaSalle.

 

-ends –

Latest News

Local Wholesale Butchers leases 20,000 sq ft unit in Newbury

July 1, 2025 - 10:42

Logicor, advised by Haslams LLP, has secured a letting at Kennetside Industrial Estate, Bone Lane, Newbury to Thatcham Butchers Ltd.  This is the second letting secured on the estate since Logicor bo[...]

+ Read More

Golf Simulation Company Full Swing Secures Showroom at Millars Business Park, Wokingham

June 16, 2025 - 11:07

IPIF, advised by Haslams LLP, has announced the letting at Millars Business Park, Fishponds Close, Wokingham to Full Swing EMEA Limited, a leading innovator in golf simulators and sports performance t[...]

+ Read More

GCW STRENGTHENS ITS OCCUPIER ADVISORY TEAM WITH NEW RECRUIT AND PROMOTES CHRIS KENEALY TO ASSOCIATE DIRECTOR

June 16, 2025 - 11:04

GCW has enhanced its client service offer with the appointment of Bobby Share as a surveyor in its occupier advisory division and the promotion of Chris Kenealy to Associate Director in its Owner team[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

25 Westwood Road, Newbury, Berkshire, Newbury, RG14 7TH