£17m facility to fund development of new care home in Leicester

The £17m loan to Cinnamon Luxury Care will deliver a new 73-bed care home in Thurnby, Leicester. 

The loan will convert an existing brownfield site to deliver the new care home with ten care suites. These suites will provide a bedroom with ensuite-wetrooms and their own separate living room and kitchenette area. The new home will target an EPC A rating and will comprise a traditional build with pre-cast concrete planked floors, alongside a brick and cladding façade. With ensuite-wetrooms as standard, it will include amenities such as dining and sitting rooms, a cinema, private dining, a hair salon and café. The new home will address the significant shortfall of care beds in the local area.

Figures are subject to rounding.