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Beaverbrook has secured a £52m loan from OakNorth which will be used to refinance existing facilities, and fund future growth.
This news follows the hotel’s opening of a new guest house called Mickleham Village in December 2023.
Mickleham Village has 21 guest rooms, housed across a collection of 10 cottages, as well as a new restaurant, and an events space.
Beaverbrook is spread over 475 acres, and boasts 57 rooms, four restaurants, two bars, tennis courts, a private cinema and The Coach House Spa with a full range of facilities including indoor and outdoor pools.
It is just 22 miles from central London and nearby attractions include the National Trust’s Box Hill, Polesden Lacey and Leith Hill, Bocketts Farm, Denbie’s vineyard and RHS Wisley Garden.
Joel Cadbury, co-founder of Beaverbook Holdings Limited, said: “We are grateful to the team at OakNorth who have built an in-depth understanding of Beaverbrook and are delighted to have refinanced our debt on terms that reflect the maturity of our business and the completion of development works.
“As a founder-led business, they truly understand what founders like me are looking for in banking partners. We have worked with OakNorth before, to fund previous ventures, so know that we are getting a team that is commercial, collaborative, and consistent.”
