2/26/2021 | Hotel Mortgages

Promising first-time buyers secure unique lighthouse hotel through support of Christie Finance

Commercial finance specialist, Christie Finance has successfully secured the funding to support first-time buyers Helen and John acquire Stranraer’s stunning Corsewall Lighthouse Hotel.

The lighthouse sits on the shores of Loch Ryan, near the historical town of Wigtownshire, with the hotel holding excellent online reviews on TripAdvisor and boasting a spectacular coastal location. An ‘idyllic hotel’ complimented with self-letting cottages allows guests to indulge in the charming area of South Western Scotland, and that can be found on the Corsewall Point Headland. With the hotel fully staffed and operational, our clients have access to a marvellous property occupying 5 en suite bedrooms, 5 self-catering cottages, approximately 20 acres of land and a 24-hour restaurant.

Highly experienced in running various ventures, Helen has undertaken several projects. She has run her own consultancy business, Helen Mary Mason Ltd, which provides consultancy and interim management services to local authorities and charitable trusts. Whilst completing a five-year position as the Interim Head of Music and Drama for Vision Redbridge RCL, she was responsible for managing a multi-million pound budget, developing experience within highly pressured environments. Helen has also embarked on a Director role for Thread Your Wings Ltd, a company witnessing increased profitability from clever strategic approaches, which is now seen as a thriving craft shop.

John followed a different but inspiring story relating to his passion with photography. John Harris Photography was created to signal the start of his entrepreneurial ventures, which has seen increases in turnover and a great online presence. As part of the Coastguard Search and Rescue team, John has also followed a more-active approach providing valuable experience in perseverance. Gaining different experience with telecommunication giants BT provided him with more of an organisational understanding as he undertook IT and project management roles. He is now aiming to exploit these experiences in support of the upcoming operations and strategies of their Corsewall Lighthouse Hotel project.

Despite boasting the status of a Romantic Award-Winning Restaurant, Helen and John are confident in further developing the business with extensive plans to improve the marketing and push the Corsewall Lighthouse higher up the Scottish ranks. Our clients plan to enter a notoriously challenging industry using a hand’s-on approach whilst improving the customer experience of the business. 

Commenting on the deal arranged by Christie Finance broker, Stephen McConalogue said, “I’m delighted to have arranged the funding for first-time buyers Helen & John to purchase the spectacular Corsewall Lighthouse Hotel. Many lenders are finding the hospitality sector unsettling due to the COVID-19 pandemic, and therefore it was key that a specialist hospitality broker arranged the finance. I am sure Helen and John will enjoy all the great perks the hotel has to offer, and I wish them all the best in the future.”

For more information, please contact the following:
Charlie Kerrison Stock
Junior Marketing Executive – Christie Finance
T: +44 207 227 0790
M: +44 7791 979 480
E: charlie.kerrison-stock@christie.com
Stephen McConalogue
Senior Finance Consultant – Christie Finance
T: +44 141 352 7331
M: +44 7590 488 475
E: Stephen.McConalogue@christiefinance.com