NHS Property Services has achieved its most significant disposal to date with the sale of a former residential care facility in South London.
Bassetts Campus in Orpington had been vacant since November 2013 and NHS Property Services was tasked with selling the site after it was declared surplus to NHS requirements by local healthcare commissioners.
The site has been purchased by award-winning residential developer London Square, whose plans include a mix of houses and apartments for private sale and including affordable homes.
Andrew Strange, NHS Property Services’ Head of Planning and Development, said: “Our role is to achieve best value for the taxpayer from the sale or redevelopment of sites that are no longer needed for healthcare, and this is our most significant disposal to date.
“We worked hard to prepare the sale and submitted an outline planning application to ensure we achieved best value, by demonstrating to developers what could be achieved on the site. The sale of Bassetts Campus to London Square has the potential to bring an empty site and a locally important building back into use, as well as providing a number of homes in response to London’s recognised need for housing.”
It is now for the purchasers to agree details of the site’s future development with local planners. Proceeds from the sale, as well as the ongoing savings from no longer needing to maintain the vacant site, will be reinvested in the NHS to improve healthcare buildings across England.
NHS Property Services’ programme of releasing surplus land last year generated a total of £97 million in cash receipts for the NHS and slashed running costs by £4.8 million.
Tony Griffiths, Regional Director for London, said: “In London, the sale of surplus land by NHS Property Services has secured £35.6 million since April 2014 and cut annual running costs by £940,000.
“This complements the company’s ongoing programme of efficiencies, which has reduced the running costs of our estate by £80 million in our first two years – a huge saving for the NHS which is reinvested into raising the standards of our buildings for patients and staff.”
NHS Property Services may only sell land and property that has been declared surplus by local healthcare commissioners. All services based at Bassetts Campus had gradually moved to other sites over a number of years.
Surplus sites are first placed on the Government’s E-Pims property register, giving other public sector organisations an opportunity to acquire the site as priority purchasers, before being placed on the open market for competitive sale.