A multi-million pound state of the art residential care facility for the elderly is to be built in Sleaford, Lincolnshire.
The 64-bed home, which is being supported by Clydesdale and Yorkshire Bank, marks social care group Glenholme Healthcare’s entry into the elderly care market.
Kent Phippen, Managing Director at Glenholme Senior Living Limited, said: “Sleaford has a large elderly population so we were keen to add to the care provision in the local area, offering a state-of-the-art facility.
“This is our first senior living care home and we are on track for a June 2018 opening. The team at Glenholme Senior Living Limited has a wealth of experience and knowledge in this sector and we have been keen to bring this expertise together to create a portfolio of residential care homes for the elderly population.”
Social care group Glenholme has more than 25 years’ experience in supporting young people and adults in the healthcare industry.
Glenholme is already planning its next development as it looks to expand the Glenholme Senior Living Limited brand.
Kent added: “The team at Clydesdale and Yorkshire Bank have an excellent understanding of the healthcare sector and have taken the time to get to know our business and offer us a bespoke service. They have been hugely supportive in our latest venture.”
Richard Hornsey, Healthcare Development Director at Clydesdale and Yorkshire Bank, said: “Glenholme has a hugely successful business and we are delighted to offer our support as they move into the elderly care market. The Sleaford property will be an excellent facility for the local area which will bring more choice as well as employment opportunities.
“Healthcare is one of our core markets and we are pleased to be working with Glenholme to offer our expertise and assistance with funding their latest development.”