Bank of Ireland funds luxury care village

Posted on October 1st, by editor in Caring Times. No Comments

Bank of Ireland is the sole arranger of finance for a £40m luxury care village being built in Bristol, putting up £17m in development finance for the project. The 11-acre site at Westbury Fields will be run by major Bristol charity, St Monica Trust. The Trust describes Westbury Fields as the finest example of a care village in the UK. There will be more than 150 one, two and three-bedroomed apartments, a nursing home for people with Alzheimer¹s disease and a respite care home. In addition there will be a restaurant, library, gym, pub, a doctor¹s surgery and a hairdresser on site. In the centre of the village there will be a county-standard cricket pitch and pavilion. Full 24-hour security protection will be afforded to residents, who will pay around £4,500 per year in service charges. Nursing care and any additional services, such as laundry and cleaning can be purchased on a menu basis. There are two separate care facilities in progress – the new site at Westbury Fields and a redevelopment of the existi

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