Anchor Announces Further Expansion of its Care Home Portfolio

Anchor has exchanged contracts to expand further its care home business – with the acquisition from Hadrian Healthcare of two new freehold residential care homes in Yorkshire.

The two exceptionally high-quality, purpose-built homes in Skipton and Roundhay, Leeds, are currently under construction and are due to become operational in April 2023 and June 2024 respectively.

Both The Mill House in Skipton and The Manor House in Roundhay include state-of-the-art en-suite rooms, with The Mill House also including eight residential care apartments in the adjoining historic Mill Lodge. The Mill House is set in pleasant surroundings, adjoining the tranquil Leeds and Liverpool Canal, whilst The Manor House, Roundhay is situated on Park Avenue, within the Roundhay conservation area.

Substantial attention has gone into planning the layout, décor and furnishings of the two buildings, so that on completion, they’ll offer a highly-individualised style of living which will put them firmly in the top-tier of care home design.

The acquisition is a key part of Anchor’s Business Plan to provide more and better homes where people love living in later life.

In July 2022, Anchor announced contracts had been exchanged to acquire the entire share capital of Halcyon Care Homes Topco Limited: 11 purpose-built residential care homes in the East Midlands and the South of England.

Along with the announcement in July, this announcement means Anchor – the fourth largest operator of residential care homes in England – will see its care home portfolio grow from 114 to 127 homes.

Sarah Jones, Anchor Chief Executive, said:

“Hadrian Healthcare is a well-known name in the sector for the development and construction of high-quality, purpose-built residential care homes, and these two homes will add to the five homes we acquired from them in 2019.

“We’ve set out a clear strategy for growth in our Business Plan, and this latest announcement shows how we’re realising those aspirations to provide more homes where people love living in later life, and to create more opportunities for people to find a fulfilling career working in the social care sector.”

“I’m also delighted that Anchor will continue to set high standards in terms of operating sustainable and energy-efficient homes, with these new additions being built to an Energy Performance Certificate A rating standard, including energy efficient measures to retain and recover heat while maintaining high levels of internal air quality and generating renewable energy onsite through solar photovoltaic panels”

Ian Watson, Chairman of Hadrian Healthcare Group commented:
“We are delighted to have agreed this sale of two of our newest Care Home schemes to Anchor Hanover Group.

Hadrian Healthcare continues to raise the standards of care and accommodation for older people and we know our friends at Anchor Hanover share this commitment and focus”.

The two homes will join the Anchor care home portfolio on their individual completion.