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04 January 2017 | Restaurant Mortgages

Popular Shropshire Inn secures the right finance to grow

The owners of The Baron at Bucknell, a Country Inn & Restaurant in Shropshire, have secured a refinance package moving to a more supportive lender whilst simultaneously releasing capital to construct three new guest lodges.

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Stuart Pawelczyk, Associate Director at Christie Finance, provided advice and guidance to Husband & Wife team Philip & Debra Wright. Philip and Debra have owned The Baron at Bucknell since 2006, turning a previously 'tired' business into a high quality Country Inn serving fabulous food and drinks and providing first class letting bedrooms.

The site also includes a campsite and half of this area will now be the home for three luxury guest lodges, a natural swimming pool and landscaped gardens. The clients were initially funded through another High Street lender, but they had been let down on a number of occasions and approached Stuart at Christie Finance for support.

Using his extensive expertise in the hospitality sector, Stuart was able to suggest several lenders that would provide a competitive finance facility, as well as supporting Philip & Debra in undertaking this development project.

Commenting on the deal, Stuart said, "I am delighted to have assisted Philip & Debra in securing the right lender that will support them in taking their business to the next level. With more and more lenders coming to the marketplace, it is crucial for any operator to have a lender that delivers high levels of service and is able to support owners’ ambitions for their business."

He continues: "At Christie Finance our whole of market approach allows us search the market and match you to lender that is best for you, your requirements and your business."