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19 April 2017 | Hotel Mortgages

The Greyhound Hotel in Llantrisant welcomes new owners

Specialist commercial finance broker, Christie Finance, has recently arranged funding for first-time buyers, Kelly & Steven Jolliffe to purchase The Greyhound Hotel & Inn in Llantrisant, Wales.

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The Greyhound is a traditional 1845 Welsh Longhouse that contains 10 en-suite letting rooms and has an excellent reputation with the Welsh Tourist Board and TripAdvisor. The business had been in the same family for 30 years and the owners were eager to find the right buyers to continue its development. 

Jimmy Johns, Finance Consultant at Christie Finance, approached the clients to help guide them to the best finance available. This was a big move for the couple, as they sold their family home to generate their deposit.

The clients had a very long list of requirements for their business search. Jimmy sent them the sale details of this particular business that was for sale by Christie & Co, to help narrow down the right opportunity for them. With a stroke of luck, it just happened to be the perfect business for Kelly & Steven and they immediately made an offer to buy. Jimmy moved quickly to find and secure the lending facility and get them started off on the right foot as they relocated to manage the business.

New owner, Kelly said "My husband and I have recently exchanged on our dream business.  A Coaching Inn in Wales. If it were not for Jimmy, this dream would have never happened... Even though it didn’t come within his remit, he took the “out of the box”, proactive step to flag a property to me that wasn’t even in an area that we were looking, just so that he could understand better what we were actually looking for.  It however happened to be the dream property that ticked every single one of my very specific boxes..."

Jimmy comments, "I am delighted that I could help Kelly and Steven find and fund the hotel they desired. At Christie Finance, we take great pride in taking the time to get to really know what our clients are looking for in their business requirements."