HSBC provides £1.4m funding for nursing home expansion

(l-r) Ben Jack Redhead outside Well Springs Nursing Home

HSBC has provided a £1.4m funding package for the expansion of a Bradford nursing home.

Well Springs Nursing Home has created an additional 17 residential rooms at its Leyland’s Lane site providing specialist dementia and end of life care.

Jack Redhead, Managing Director of Well Springs Nursing Home, said:  “We’re incredibly proud of the care we provide at Well Springs so it’s fantastic that we can accommodate even more people over the coming years thanks to this expansion. The funding from HSBC UK has been crucial to completing this work and we’re delighted to be in a strong position for 2020.”

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As well as creating new residential rooms, the 800 sq m redevelopment features a large dining area with views of the garden, a terrace and a coffee lounge. The development also saw the inclusion of a dedicated medical room, new kitchen and state-of-the-art laundry facility.

Now the expansion is complete, the number of beds for full-time care will increase from 48 to 62. As a result, Well Springs Nursing Home is expected to create 15 new jobs over the next 12 months, across various roles.

Andrew Yeomans, Senior Commercial Manager, HSBC UK North & West Yorkshire, said: “The team at Well Springs Nursing Home have created a truly welcoming space with the capacity to provide a fantastic standard of care. Expansion will bring exciting new opportunities and we look forward to seeing how the care home continues to improve the quality of lives for those across the region.”

Well Springs Nursing Home is one of the most established residential nursing homes in Bradford, providing quality care to its residents since 1986.

The deal was part of HSBC UK’s £1.05 billion lending fund to support small and medium-sized enterprises (SMEs) in Yorkshire.


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The author Lee Peart

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