Britannia Works Mill, Atherstone, Warwickshire, CV9 2AA (Current)
In 1999, Wilson & Stafford’s Britannia Works was the last of Atherstone’s once world-renowned hat factories to close. BWM is one of the oldest hat factories in the UK. Atherstone has been at the center of hat making since Tudor Times.
The Works were established in the mid-19th century and soon afterwards took over the adjacent Richmond Mill.
The site, in the angle between the Coventry Canal and Coleshill Road, is made up of a collection of buildings dating from the mid-19th to mid-20th centuries as the works developed.
Britannia Works Mill (BWM) in Atherstone was purchased in March of 2018.
The purchase of the property came with original planning permission for 50 apartments and 9 houses using the existing superstructure.
HCT has worked with North Warwickshire Council and the Extra Care Lead for Warwickshire County Council to achieve revised planning permission for No.68, 1 & 2 bedroom apartments, with the scheme meeting the design aims and principles as set out by the third edition of the Housing Learning and Improvements Network.
Work is being completed to perform all pre-start demolition requirements, with a completion timeframe of Circa 24 months.
This is a challenging site, given its proximity to the canal, however this will produce significant value to the town of Atherstone. An operating ‘extra care’ facility will be produced that will generate revenue as well as producing ‘inclusive’ new residential homes.
As of 2018, Atherstone & Hartshill required 157 units and 664 in the wider North Warwickshire Borough (Data provided by Tim Willis, Lead Commissioner, North Warwickshire CC). The Britannia Works Mill project will help to address the significant shortfall. The demand is being driven by an ageing population with those aged 65+ the fastest growing age group in the UK at a growth of 20.4% over 10 years and nearly 60% over 25 years.
This is driving demand and the need for personalised care for older people and those living with disabilities married with a current under supply of Extra Care Housing in England (Housing LIN, 2019)
To put an Extra Care Operator in place and anticipated sale to an Extra Care investor as a single unit.