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AUDLEY GROUP APPOINTS GRAHAM TO BUILD NEW VILLAGE IN COBHAM

Date

Jan 11, 2021
AUDLEY GROUP APPOINTS GRAHAM TO BUILD NEW VILLAGE IN COBHAM image

Audley Group has appointed GRAHAM to lead the construction of its new £80m retirement village in Cobham, Audley Fairmile.

Audley Fairmile will become the group’s second village in Surrey, following the opening of Audley Cooper’s Hill in 2019. The village will consist of 74 luxurious two-bedroom properties based around central facilities housed in the Audley Club. These will include a swimming pool, health club, restaurant and bar bistro, all available to Audley property owners and people from the local area. Property owners can also access care and wellbeing services from Audley Care which is registered with the Care Quality Commission.

Audley Fairmile is one of four new Audley Villages funded through a joint venture with the real estate arm of Schroders and Octopus Real Estate, a leading specialist healthcare real estate investor.

Kevin Shaw, Managing Director, Audley Group, said:

“The demand for our retirement villages is higher than ever, so we are delighted to be able to work with construction partners like GRAHAM that we know will deliver to Audley’s high standards within the shortest timeframe possible. The UK has a real dearth of quality retirement housing provision. We have seen this year the vital role that retirement villages can play in giving older people safe and secure living options and we will continue to accelerate our growth plans to meet the needs of the nation.”

Rob Joyce, GRAHAM’s Regional Director, said:

“The UK’s senior population is growing and we need a stronger supply of retirement housing coming forward if we want to meet the needs of this growing demographic. It’s crucial that we provide housing of the highest quality to guarantee older people independence and a quality of life and we couldn’t be prouder to be partnering with Audley Homes to deliver this vision at its latest retirement village in Cobham.”

Audley enables owners to live an independent and healthy lifestyle in their own homes, with flexible care when needed. Owners buy their apartment from Audley and own it on a 250-year lease.