Charterpoint completes sale of Lincolnshire care home site to LNT

Deal paves way for new 66-bed care facility

The new care home will meet demand for accommodation for older people in the region

Specialist senior living developer, Charterpoint, has completed the sale of a care home site in Louth, Lincolnshire, to LNT Care Developments.

In April, East Lindsey District Council approved plans for the two-storey, 66-bed care home which will be built on a plot alongside the residential development at Westfield Park, off Grimsby Road.

Plans for the purpose-built residential care home on the 2.2-acre site include individual rooms with en-suite facilities, communal spaces for socialising, dining and recreational use, car parking, landscaping, and a secure bike store.

In a deal brokered by Christie & Co, Charterpoint has now sold the site to LNT Care Developments, which has a portfolio of care homes specifically for the care of older people in a number of locations across Yorkshire, the Midlands and the South.

Adrian Goose, chief executive of Nottingham-based Charterpoint Group, said: “We are delighted to have completed the sale of this site on the edge of Louth.

“It is in an ideal situation - the perfect place to build a modern care home offering excellent facilities to residents.

“Operator demand for care home development opportunities has proved resilient, pointing to an accelerating trend for purpose-built facilities.”

Companies