£1m northern Lincolnshire venue is banking on a merry Christmas
3rd April 2018
WORK is underway on a 250-seater wedding venue that will transform a hotel on the outskirts of Grimsby.
Northern Lincolnshire construction firm GS Kelsey is now on site at Stallingborough Grange Hotel, where a complete new-build stand-alone function suite will enhance the Riby Road retreat.
Working with business specialists in the area, £173,000 of grant funding has been secured alongside bank financing and investment back into the business by the owners.
It was one of the first customers of financial signposting service InvestmentHub NEL, back in December 2016, with a better relationship with bank HSBC and a fruitful introduction to E-Factor Business resulting.
Owner and general manager Heather Dutton said: “The builders are now on site and we should be up and running by October, so we’re looking at the Christmas market and taking bookings. We’re really looking forward to the first function. At least 15 jobs are being created, and it is not just to serve the function facility directly, it will also bring a knock-on for the hotel and what two to three functions a weekend will mean for bedrooms and dining.”
At £1 million, the investment is the largest in the 42-room hotel’s history, and the work to re-coup is underway as the team takes in wedding fayres aplenty.
Key representatives from InvestmentHub NEL and E-Factor Business joined her to see work beginning, and Mrs Dutton underlined her gratitude for the support “to keep it on track”.
“It is a great team, and they have really helped us to bring it all together,” she said.
Sarah Brattan, of Investment Hub NEL, recalled the early stage meeting, just a month after the North East Lincolnshire Council-sponsored group had launched.
“It was one of the very first businesses we came out to see, and it was a case of discussing the project, and introducing her to David Benson, commercial relationship manager at HSBC. It was just in the planing stage, just being drawn up,” she said.
Tim Maddinson at E-Factor Business was an introduction that followed.
“I had some experience of the Rural Development Fund with previous clients and as a result of an initial meeting I said I’d get involved,” he said. “We were successful with the Rural Development Programme for England growth fund.”
Planning consent was received in July last year, with technical work around protected trees and electrical infrastructure following.
News Courtesy: www.humberbusiness.com