Luxury care home company Hadrian Healthcare has agreed to sell two North homes for £50m – before they’ve been built.
The Gateshead based business took the decision to expand its care home portfolio last year, after selling five homes in a record-breaking deal £100m-plus deal in 2019 – a transaction which marked the fourth buyout founder Ian Watson had completed over 16 years.
The company distinguishes itself from the competition by building homes designed to look and feel more like five-star hotels for its residents, with services to match alongside its healthcare provision. Facilities include restaurants and cafes, cinemas, hair and beauty salons, in-house chefs, gardens and chauffeurs.