Tyneside care home company Hadrian Healthcare agreed to sell two North homes for £50m - in a fifth multimillion-pound deal for firm's founder.
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, which had marked the fourth buyout founder Ian Watson had completed over 16 years. Following the deal with Aviva, the company has been working on two North Yorkshire sites, representing an investment of £27m, with long-standing contractor Walter Thompson carrying out construction.
Its £15m care home in Skipton sits alongside Skipton canal and will come complete with its own canal boat. The home will have accommodation for 92 residents, including 12 independent living suites where residents will have their own private front doors. The home will also have its own dining and bar area, gardens and first and second floor terraces with views across the town.
