Arcadia Care Homes opens Newport home with HSBC funding support

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PontcannaThe husband and wife partnership behind the popular Pontcanna House care home in Cardiff have opened the doors on their second home in South Wales.

Dr Shirwan Al-Mufti and his wife, Nasik, have opened a 28-bed care home in Newport after acquiring and renovating the former Newport Lodge Hotel. The couple acquired the property last year and have spent the past 12 months renovating the building at a cost of £600,000.

HSBC’s Cardiff and South East Wales Commercial team provided a finance package to support the acquisition and renovation in a deal managed by Senior International Commercial Manager Andrew Coles.

Arcadia Care Homes specialises in providing care for elderly people with dementia. It has run Pontcanna House in Cardiff for over 20 years, which is one of the most highly rated homes in the UK, and is looking to replicate its success with its Newport venture.

In addition to 28 rooms, 20 of which are already occupied, the care home boasts a cinema room and ancillary room.

Nasik Al-Mufti said: “We have been a family business for 20 years and were happy with just our Cardiff home. However, our son, Ali, encouraged us to expand the business and we are pleased to have done so. The location of our Newport home is beautiful with fantastic views towards the sea. HSBC has been extremely supportive throughout the project and I am delighted to have finally opened the doors.”

Roger Pratt, HSBC Cardiff and South East Wales Area Commercial Director, added: “Dr Shirwan and Nasik provide a fantastic service and create a comfortable and relaxing environment for their guests. Not only have they brought a Newport landmark back into use by converting the Lodge Hotel, they are providing an important and valuable service.”

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