Charterpoint develops Bingham home
Developer Charterpoint Senior Living has announced that one of the UK’s leading care home operators is to run the new care home being built on the site of the former police station in Bingham, Nottinghamshire, which is due to open in 2021.
HC-One, which operates more than 300 care homes across the UK, will take up the tenancy of the 70-bed care home once it has been completed. This will be a second facility in Bingham for the operator.
Earlier this year, Rushcliffe Borough Council granted planning permission for the development on the site of a former police station following an application by Edwalton-based Charterpoint Senior Living. The specialist senior living developer submitted a planning proposal at the end of 2018 for the residential care home featuring residents’ lounges, a hair/beauty salon, cinema room and other extensive communal facilities, along with residents’ gardens.
Mostly over two storeys, with one section over three storeys, the care home will replace the redundant police station on Grantham Road.
Charterpoint director Giles Nursey, says: “Using sector specialist expertise, Charterpoint Senior Living spent considerable time and effort on creating a bespoke, attractive plan for a care home on this site, taking into account the views of neighbours, town and ward councillors and with the knowledge that a previous application for a care home by another company had earlier been refused.
“We are delighted that Rushcliffe Borough Council gave its support to our scheme and that a professional, well regarded care home operator like HC-One is to run the facility, once it has been built. The site has been vacant for some time and this care home development will not only bring a brownfield plot back into use, it will also provide high quality, bespoke care home facilities for the local community. We now look forward to seeing it come to fruition.”
HC-One offers professional residential, nursing and memory care for older people in over 300 care homes located across England, Scotland and Wales. The new care home on the site of the former police station will be the company’s second facility in Bingham. It already runs Beauvale in Moor Lane, Bingham, which has a CQC rating of good.
Justin Hutchens, chief executive at HC-One, says: “HC-One is on a mission to be the first choice care provider for older people and the employer of choice for the kindest and most professional care workers. We are therefore delighted to be working with Charterpoint Senior Living and Rushcliffe Borough Council to expand the reach of our high quality care services in Bingham. New developments like this are crucial as they address the growing demand for care home places in this country.”
A fund managed by Alpha Real Capital LLP has acquired the investment from Charterpoint.
James Murray, social real estate portfolio director for Alpha, says: “We are delighted to be working with both Charterpoint and HC-One to fund the development of a high quality care home in Bingham. Alpha Real Capital continues to align itself with the social real estate sector nationally and seeks to make a positive social impact whilst achieving appropriate risk adjusted returns. This latest transaction creates a high quality long term investment whilst establishing a best-in-class facility for the community of Bingham.”
Demolition work is now under way on site, with building work due to start early next year and the home opening in summer 2021.