Family-owned farm, Winley Hill, has added new luxury holiday lodges, working towards 54 in total, a reception, shop and teahouse to its 320 acre site thanks to a seven-figure funding package from HSBC UK.
The expansion, named Angrove Country Park, is located near Great Ayton, and has created over 30 new jobs across the business including hospitality, maintenance, housekeeping and sales roles. They are being supported by local businesses as suppliers and contractors.
The new eco-friendly luxury lodges are available for purchase, holiday letting and investment return opportunities, and the new ‘G and Tea House’ is fully licensed for both guests and the local community to enjoy.
The farm already hosts ten separate ‘glamping’ lodges that were built using HSBC UK funding six years ago. The success of the lodges inspired owners Alan and Lousie Petch to further expand their business, and since opening in May, the lodges have been full to 95% occupancy.
Alan Petch said: “HSBC’s understanding of our business has been fundamental to its success, having worked closely with us to help over the last six years, helping us to turn our growth plans into reality. This is a very exciting time for me and my family, who are all involved in the running of the business.”
David Slane, Area Director for HSBC North East England, said: “We are dedicated to supporting businesses looking to diversify and grow and we encourage farming businesses across the North East to talk to us about their business plans. It’s great to see Winley Hill building on the success of its glamping lodges and we look forward to watching Alan and Louise’s business grow as this newest addition opens to the public.”
The finance was allocated from HSBC UK’s national SME Fund, which aims to actively support UK SMEs. The new £12 billion SME Fund has recently been announced by HSBC UK, with £350 million committed to supporting SMEs in the North East.
The farm is owned by Alan Petch, whose father Mervyn Petch purchased the first part of the farm in 1963. Alan continues to farm the land and lives on the property with his young family.