Mole Valley District Council (MVDC) has exchanged contracts with premium retirement property specialists McCarthy Stone on Claire House and James House in Leatherhead.
Claire House and James House is a riverside redevelopment, a key project in the Transform Leatherhead regeneration programme, aiming to create a landmark mixed-use property that will enhance the gateway to the town and increase activity around the River Mole.
The redevelopment is proposed to include residential units plus a ground floor café and community space.
The project is expected to take place in two distinct phases – demolition (led by MVDC due to funding from the Department for Levelling up, Housing and Communities One Public Estate Brownfield Land Release Funding) and new development (led by McCarthy Stone).
Councillor Keira Vyvyan-Robinson, Mole Valley District Council Cabinet Member for Projects, said: “We are delighted to exchange contracts with our chosen development partner and look forward to proposals progressing to the next stage.
“The proceeds of the Claire House and James House sale will also allow us to achieve a number of Riverside enhancement projects, based on the results of the 2023 public consultation.”
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