Sale of former conference venue raises vital funds for NHS
The sale of a former conference centre in Somerset has raised vital funds for the NHS.
Site owner NHS Property Services completed the freehold sale of Lyngford House in January to Quantum, a firm which specialises in care homes and extra care living, for £1.1 million.
Lyngford House, in Selworthy Road, Taunton, has been empty since February 2015 and was declared surplus to NHS requirements by Somerset Clinical Commissioning Group.
Alan White, Senior Transaction Manager, said: “Our role was to obtain best value through the sale of the site on behalf of the NHS. Proceeds from the sale, and any savings, will be reinvested in the NHS and this Grade II Listed property can now be brought back into use.”
NHS Property Services inherited the four-acre site from the former Somerset Primary Care Trust as part of the 2013 health reforms.
The venue was previously used by the NHS as a training and conference centre.
The site comprises the Grade II listed main building with adjoining cottage and stable block dating from c. 1830, a 1980s purpose-built 18-bedroom hotel block, a detached conference building, parking and grounds.