TLC care Homes are soon to develop a 3,000 sqm 65 bed care home based in Calderdale, West Yorkshire. The sites itself is unencumbered and free from debt, and benefits from planning already granted.
Analysis of the area’s population produced by BNP Paribas in January 2010 indicates that within a 10-mile radius of the subject site, there are approximately 42,581 persons who are over the age of 65, representing 15.2% of the population.
Elderly persons over the age of 75 represent 7.3% of the total population, The population aged 85 years and over amounts to 5,697 persons.The number of nursing home beds within a 5-mile radius reflects one bed for every 4.5 persons over the age of 85.
Research provided by the Office of fair trading states there are more than 12million people in the UK over 60 years of age, of which 752,000 are between 85 and 89, and 376,000 aged 90 or over. Up to age 64 only three people in every 1000 are living in communal nursing and residential care establishments. This grows to seven in every 1000 for those aged between 65 and 74, but after this increases rapidly to around 250 per1000 for those aged 90 and over.
The Government Actuary produces the official national 'population projections' for the UK and its constituent countries. Based on the latest projections for the UK, if the current rate at which elderly people live in care should continue to apply in the future, then demand is likely to grow rapidly driven primarily by increases in the population aged 75 years and over.
It can be roughly estimated that, in the absence of any change in rates, demand might increase by roughly 25 per cent by 2013, 60 per cent by 2023and by 150 per cent by 2043.
Investment Overview
•Completion Balance of 50% Due
•12 Months From Exchange Remaining 15% Due
•Within 30 Days Exchange Deposit of £35% Due
•Reservation Fee of £2,500
•Phase 1 Launch Price at £99,950
•5% Return From Day 1 on Deposit Funds
•Deposit Funds Fully Insured By Guarantee Bond
•6% Guaranteed Return in The First Year
•50% Guaranteed Non Status Finance Available
•65% of Net Operational Profit From Year 2
•SIPP & SSAS Compliant
•Approved & Specialist Care Home Operating Company Appointed