Funds have been secured for a multi-generational development worth GBP 28.25 million on the site of the former Lymm Hotel.
The McGoff Group, in partnership with joint venture partner Macdonald Hotels, has signed financing agreements with Puma Finance and Octopus to advance plans for an exciting new multi-generational development on the site of the former Lymm Hotel on Whitbarrow Road in Lymm.
The project is the first of its kind in the Northwest and includes a state-of-the-art care facility, expertly designed daycare center and 45 bespoke luxury retirement homes in a leafy conservation area near the village and adjacent to the Trans Pennine Trail.
Designed by McGoff Group and supplied by prime contractor McGoff Construction, the development is a new concept for intergenerational living that brings young and old together to form a thriving new hyperlocal community with proven health, social and wellbeing benefits for all.
All aspects of development are also operated by the McGoff Group. Renowned for providing exceptional residential, nursing, short-term and dementia care services in a comfortable and safe environment, the group’s multi-award-winning nursing home provider, New Care, will take responsibility for the 66 bed nursing home.
The crÃ¨che is operated by Back to the Garden, the Group’s natural crÃ¨che concept. It will be the second site in the UK for the innovative kindergarten concept, which focuses on active learning and outdoor play in a garden setting and which has already achieved considerable success at its first site in Broadheath, Altrincham.
Eventually, McGoff Group’s residential brand Villafont will deliver the 45 senior apartments under a new sub-brand Villafont Concierge, offering impressive specification and an improved lifestyle package for those looking for a luxury property with the option for elements of domestic support to another Continuation to enable independent living.
The new concept combines the best care for the oldest and youngest members of the community and offers old and young the opportunity to regularly spend time in each other’s company, which is characterized by many proven mental and physical health. related benefits, including better understanding and appreciating each other’s capabilities and limitations, developing tolerance and compassion, and helping the elderly to stay more mentally and physically alert.
McGoff Group Director Chris McGoff commented, âWe have wanted to do this for a long time and believe in a concept that we believe passionately. Thanks to funding from Puma and Octopus, it may now take time. â We are excited to see how it becomes part of the local community and hope that it can set a new blueprint for future programs.
“Adjacent to the canal and next to an entry into the Pennine Trail and with a wonderful forest view, the green location of this place will appeal to all age groups and be perfect for young and old.”
Beyond Corporate advised the transaction in the areas of real estate, planning, construction, society and financing. The completion of the financing and the start of the on-site work marked the end of a four-year work in which several teams from the company were involved.
Lead partner James Flynn confirmed, âThis project has shown how joint venture businesses can be built to enable landowners to unlock value on wasteland that is no longer suitable for their existing uses. It was fantastic to see the McGoff Group team up with Macdonald Hotels to identify the concept for this location and ultimately deliver the project, especially given the current challenging conditions, and the entire Beyond team is delighted to welcome their To have contributed to help implement this scheme. “
With the planning already approved, preparations for the development are in full swing and the McGoff Group expects a completion date for the kindergarten in October 2022, for the nursing home in November 2022 and for the apartments in December 2022.
The McGoff Group, based in Altrincham, is a Â£ 150 million collective of like-minded companies with the seamless ability to purchase, design, build, operate and maintain anything in specific areas of healthcare, residential and commercial make them the preferred choice for customers, financiers, and joint venture partners and supply chain partners alike.
Driven by second generation family values, innovation, excellence and operational know-how, the McGoff name represents quality, agility and an unbreakable force well equipped to keep the business going for future generations. More information is available at www.mcgoffgroup.com.