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Peveril Securities and Charterpoint sell Beeston care home site to Tanglewood

Peveril Securities and Charterpoint sell Beeston care home site to Tanglewood

Commercial developer, Peveril Securities and Charterpoint have sold their Beeston care home development site to Tanglewood Care Services.

Peveril Securities, together with Charterpoint and Tanglewood, received planning permission from Broxtowe Borough Council for the 66-bed care home in the summer, after submitting an application for the development.

The care home is part of a mixed-use scheme on the site of the former Myford Works, which also features Myford Court, a new development of penthouses and apartments by Peveril Homes. The site also benefits from a Central England Co-op store, which opened in May 2020.

Peveril Securities and Charterpoint have now announced that the sale of the care home site, which is located off Ellis Grove, to Tanglewood, has been completed. It will be Tanglewood’s first development in Nottinghamshire and the first outside of Lincolnshire.

James Smith at Peveril Securities said:

“We are very pleased that Tanglewood will take this superb scheme forward to create a modern care home in a prime location just a few hundred metres from Beeston town centre and close to a tram stop.”

Karen Whitehead, Director of Development for Tanglewood, said:

“We are delighted to have completed on the site in Beeston. We are fully committed to the prompt delivery of our 66-bed care home, which will be a further key element of the wider regeneration of Chilwell High Road and the western end of Beeston.

“Our new care home assists in delivering the town’s aspirations to transform what has been a large derelict site into a space that will benefit the community in terms of social cohesion and providing vital care for our ageing population. We anticipate our residents will be local to Beeston.”

The three-storey care home scheme will include a cinema, juice bar, health and well-being spa, hair salon and nail bar, sauna and steam room, along with a shop, bar and entrance café. It also features resident lounges and dining rooms, a library and an activity room, as well as a first-floor tearoom opening out onto a terrace.

Charterpoint Managing Director, Giles Nursey said:

“The care home is an integral part of the mixed-use scheme on this key site, and we look forward to seeing the construction take shape over the coming months.”

Outside, there are residents’ and visitor gardens, landscaped areas, plus a car park featuring electric charging points.

Jordan Rundle of Christie & Co brokered the sale to Tanglewood.

Charterpoint, which is based at Edwalton near Nottingham, specialises in developing first-class senior living accommodation, sustainable mixed-use and housing schemes, and exceptional primary care premises. It has been instrumental in developing a number of outstanding care homes across the East Midlands, including Fosse Way View in Bingham, which opened last summer.

Lincolnshire-based Tanglewood provides a range of residential, nursing, dementia and respite care. The company currently has eight homes in Lincolnshire, with a further opening in Grantham in 2022. The Beeston scheme will be Tanglewood’s first development in Nottinghamshire, with a pipeline of schemes at various stages of development in West Bridgford near Nottingham, Humberston, Oadby, Kibworth, Holbeach and Downham Market.

Separately, Broxtowe Borough Council has recently approved a resolution to grant planning permission for 51 retirement living apartments on the mixed-use site following an application submitted by Peveril, Charterpoint and Churchill Retirement Living.

To watch a fly through video of the Beeston care home, visit

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