An opportunity has arisen to invest in a Lancashire retirement home. Bay View is located in Morecambe, Lancashire.
The former hotel will be transformed into a luxury boutique retirement retreat consisting of 48 suites. Interiors will be furnished to the highest quality with sumptuous fabrics that create a truly unique living space designed for later life.
Bay View sits on the seafront, with most rooms enjoying delightful views of Morecambe Bay. Bay View will be available to both long term and short term guests, and there will be an option to access a 24/7 professional care package.
Guests will be able to enjoy fine dining and there is also an extensive wine cellar on site. The new resort will also house a number of elegant rooms for socialising and relaxing, and other onsite facilities to aid relaxation include a cinema room and a hair and beauty salon.
Lancashire is home to a significant elderly population due to its country landscape and seaside towns. The population of over 65s in Lancashire is predicted to increase by over 30% between 1996 – 2021, according to research conducted by Lancaster University.
Morecambe is known as the “Gateway” to the Lake District and as it is nearby, residents have the opportunity to explore the national park. Other such attractions include Lancaster Castle and the Eric Morecambe statue, making it an ideal getaway spot for lovers of history.
Enquire today to find out why the ideal population demographics, alongside the location makes for a good investment with the potential for an excellent return.