Development Company buys Cheltenham Care Home

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The former Ellerslie care home in Albert Road, Cheltenham has been bought by a consortium development company in a deal brokered by property agents Bruton Knowles.

Portobello Designs Limited has bought the large detached Regency villa set in 1.47 acres of grounds from Gloucestershire County Council.

Julian Capewell, Associate at Bruton Knowles, based at Green Farm Business Park, Bristol Road, Gloucester, said: “The new owners are looking to convert the property for residential conversion and purchased the property for close to the £1.5 million asking price.

“There was a lot of interest in the property but the county council were keen to find someone who would retain the ambience of the location and not just fill the available land with as many units as possible. Portobello Designs have come up with a suitable future for this historic location in the Central Conservation Area.”

The former Ellerslie care home in Albert Road, Cheltenham.

The main house was previously owned by the novelist Sir Walter Scott, and subsequently Rowena Scott, who founded the Minack Theatre in Cornwall. The main building is four floors with a two-storey extension and a detached two-storey former stable block

Bruton Knowles is a national property consultancy with twelve offices across the UK in Gloucester, Birmingham, Bristol, Nottingham, Leeds, Shrewsbury, Northallerton, Cardiff, Guildford, Taunton, Manchester and London. Established over 150 years ago, Bruton Knowles is a multi-disciplinary consultancy offering clients a range of skills including building consultancy, compulsory purchase and compensation, estate strategy, agency and development consultancy, professional skills such as valuation, lease renewals, rent reviews and rating, as well as property management across the full spectrum of urban and rural property.

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Source: Empica

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