The Wycliffe Centre, Horsleys Green, near High Wycombe
Salmon Harvester Properties has acquired The Wycliffe Centre, Horsleys Green, near High Wycombe in Bucks.
The property comprises some 180,000 sq ft of accommodation on a 23-acre site and was formerly used as conference centre and for bible translation by Wycliffe the previous charity owners.
SHP unconditionally purchased the property for more than £5 million using its own funds and allowed Wycliffe to remain in occupation for a year to wind down its operations.
SHP proposes to create a new assisted living community comprising 150 residential units in a combination of independent and assisted living units with specialist dementia facilities on site. The scheme will have a £75 million completed value.
Wycombe District Council has granted detailed planning permission.
JLL Corporate Finance Team is advising.