Hotels

Nuthurst Grange Hotel to expand with £700k investment

The business forecasts that the additional capacity will enable it to grow profits by £500k next year

Nuthurst Grange Country House Hotel is set to triple its guest capacity thanks to a £700k investment from Lloyds Bank.

The hotel currently has 22 rooms and is set to build 46 additional guest rooms, a room for bridal parties to use ahead of nuptials, and eight log cabins with private hot tubs.

Two of the new rooms and the bridal preparation space have already completed, while work underway on the others is due to complete by early 2024.

Planning permission for a further eight bedrooms and an extension to the hotel’s existing facilities is also now under consideration.

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The business forecasts that the additional capacity will enable it to grow profits by £500k next year.

Paul Hopwood, owner and managing director of Nuthurst Grange Country House Hotel, said: “Since we bought the hotel in 2006, we’ve gradually been developing and expanding. Thanks to funding from Lloyds Bank, next year we’re able to make one of the most significant upgrades we’ve ever made.

“By constantly reinventing and reinvesting, we have been able to provide customers with an excellent experience and maintain loyalty, helping us overcome some of the wider challenges currently facing the hospitality sector.”

Paul Warrington, relationship director at Lloyds Bank, added: “Nuthurst Grange Hotel is seeing high levels of demand from guests. It has a busy festive period ahead and is already fully booked for Christmas Day and Boxing Day. The funding will enable the business to expand its capacity, to make the most of the popularity it’s experiencing and maximise all opportunities to grow.

“For a business such as Nuthurst Grange Hotel, where customers will make several different transactions during their stay using varied payment channels in person, online or over the phone, Cardnet is an excellent solution to help them simplify their payments. We’re pleased to be by their side as they enter the next phase of their growth, supporting them with the funding and tools to prosper.”

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