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Commercial Property

Hadrian Healthcare to invest £29m into luxury care homes as expansion plans ramp up

The Gateshead luxury care home company is starting work on homes in Skipton and Leeds - and more are set to follow

A CGI of the extended Gosforth Manor House care home(Image: Hadrian Healthcare)

Hadrian Healthcare is investing £2m into its luxury care home in Newcastle as part of expansion plans across the region and beyond.

The Gateshead-based company has secured planning permission for a number of schemes in the North East and Yorkshire, which will lead to the creation of two new luxury homes and two extension and refurbishment schemes. Other plans within the North are also in the pipeline.

The firm has returned to invest in the luxury care home market after selling five homes across County Durham and Yorkshire in a record-breaking deal in 2019. The £100m-plus deal set a new benchmark for the highest rate ever paid per bed and was also the fourth buyout founder Ian Watson had completed over 16 years.

READ MORE: Hadrian Healthcare founder joins business leaders with Queen's birthday honours

Hadrian Healthcare has set itself apart from the competition over the years by creating homes that look more like five-star hotels with services to match alongside its healthcare provision. Facilities include hydrotherapy pools, bistro cafes and restaurants, cinemas, hair and beauty salons, in-house chefs, cultivated gardens and chauffeurs.

The company has now gained permission to extend its 46-bed bed home in Gosforth, adding 14 new suites, with a first floor garden area. Eight of the new suites will offer independent living facilities.

Mr Watson said: “We have always offered high end care for the discerning lady and gentlemen, in very high quality accommodation. We keep seeking to innovate, exploring new ways to make the homes as light and stimulating as possible.

“And the new accommodation that we now have coming through is breaking another glass ceiling. The Manor House in Gosforth was the second home we opened in July 2010 and it’s been a huge success from the day we opened it. The problem has always been the waiting list, so for years we’ve been trying to find a way to expand it.