A 62-bed care home scheme on the site of a former pub in Compton has been sold.

Brendoncare had applied to Winchester City Council in 2008 to develop the proposal on the Captain Barnard pub site, gaining planning permission in 2016. However, it lodged further applications and in February this year the latest scheme was approved.

But the development site has now been sold to Barchester Healthcare.

The scheme will see a 62-bed care home constructed, along with four apartments within a detached villa which has been retained by Newcore Capital Management LLP.

Newcore Capital Management LLP, advised by Tom Robinson and Sam Gadar in Cushman & Wakefield’s Healthcare team, sold the freehold interest after advising on the initial site acquisition in 2019.

Tom Robinson, a partner in Cushman & Wakefield’s Healthcare team said: “After some years standing vacant as a cleared site, we are delighted to see the former Captain Barnard take a step towards its future use as a prime grade, modern care home, supporting local development, employment and care demand.

“In these difficult social and economic times, it’s great to know that operators are confidently looking to the future via new development, whilst also managing the complexities of trading care homes through one of the most challenging eras in decades.”

Harry Savory, investment director at Newcore Capital Management LLP, said: “We are delighted to conclude the sale of the care home site to Barchester. Barchester is a ‘first-in-class’ developer-operator for residential and nursing care.”