Second lock down deal is testament to business continuity
Award winning development-led care home operator, New Care, has acquired land in Worsley, Greater Manchester for a new purpose-built, £15m facility.
The one-acre site, which was formerly occupied by the Cock Hotel pub, will house the new-generation 71-bed care home.
Chris McGoff, CEO at New Care, said: “We are delighted to have acquired this particular site and are committed to bringing one of our award-winning care facilities to Worsley.
“Expertly designed, the care home will provide the highest standards of care in a comfortable, safe and stylish home-from-home environment, and will undoubtedly help address the ever-increasing shortage of beds in the area, as well as provide an invaluable support framework for the local NHS.”
The three-floor home will feature fully furnished bedrooms with en-suite wet rooms, elegant communal lounges, stylish dining rooms, spa assisted bathrooms, a hair salon and nail bar, plus beautifully landscaped gardens and a first-floor terrace.
New Care worked with Manchester-based law firm Beyond Corporate on the transaction.
James Flynn, Head of Beyond Corporate’s Real Estate division, said: “This deal is our second with New Care that has been completed under lockdown, and is testament to the power of business continuity, with our Real Estate, Construction and Corporate teams working together with New Care and other parties and advisors to achieve this immensely positive outcome, during what are undoubtedly challenging circumstances. To close any deal at the moment is difficult, to complete a real estate development facility is a credit to everyone involved.