Sale of £11million former hospital site boosts NHS
An aerial view of the Coldeast plot.
A former hospital site in Hampshire is set to be turned into 124 local new homes – with proceeds from the £11million sale going straight back to the NHS.
NHS Property Services raised the money on behalf of the taxpayer by selling a 4.6-hectare (11.38-acre) section of the former Coldeast Hospital site at Sarisbury Green, Fareham, to David Wilson Homes.
The site, which had been cleared of buildings, was declared surplus to NHS requirements by South East Hants Clinical Commissioning Group in August 2013 after the opening of the adjacent, purpose-built Fareham Community Hospital in 2010.
The sale site is made up of two parcels of land comprising one of 3.87 ha (9.56 acres) which has planning permission for homes and a second one of 0.74 ha (1.8 acres) which has a residential allocation.
James Wakeham, Regional Director for NHS Property Services, said: “We are very pleased to return millions of pounds to the NHS that will benefit patients and save the taxpayer money.
“We are committed to getting best value on sites that commissioners have told us they no longer need for healthcare and Coldeast was the largest single plot we sold last year.”
The original 59-hectare site was formally a country estate with a mansion house, woodland, grounds, grazing land and gardens.
It was first used as a hospital in the early part of the 20th century. Today, the estate is in mixed ownership with a large proportion owned by the Homes and Communities Agency and its development partner, which is currently completing the final phases of the development.