£19 million loan for a new care home and residential townhouses

Overview

A £19 million loan to the McGoff Group to fund the development of a new purpose-built 70 bed care home and 14 residential townhouses in Congleton, Cheshire.

The care home will provide high-quality care over three storeys, with 70 private bedrooms, each equipped with a full en-suite wet room. The care home is designed to offer a range of spacious communal areas including lounges, dining rooms, an activity room, cinema room and hair salon. There will also be a 30-spot car park, a staff cycle store and a dedicated ambulance bay.  Once completed, the home will be operated by Dunham Care, the Group’s care home operator.

The 14, three-bed townhouses will be built across four distinct blocks. Each home will have two parking spaces, modern open-plan kitchen dining areas, separate living rooms and gardens of varied sizes. The houses will be built under McGoff’s residential division, Villafont. 

The wider 3.5 acre site, located South East of Congleton town centre, will include links to public open space and a convenient walking path along the canal directly linking to Congleton train station. 

The McGoff Group is a family-owned construction group that operates across a variety of sectors, with the development and operation of care homes being one of their core businesses. Over the last 10 years, they have designed, developed and operated 15 care homes (equating to over 1,000 beds). 

Puma has worked with the McGoff Group since 2016, providing loans on six previous care homes, two children’s day nurseries, a retirement living scheme and a build-to-rent scheme, all located across the UK.