A five-star country and leisure park in mid Wales is expanding after securing a multi-million pound funding package from HSBC to develop its luxury facilities.
Meadow Springs, near Trefeglwys, has opened its new 150-seater restaurant and hopes to open a swimming pool and spa in 2023.
The business' owner said turnover has grown to four times more than anticipated since opening in 2020.
Jonathan Williams, owner, said: “I always had an ambition to open a holiday park where visitors come to escape the hustle of everyday life. Since opening our idyllic holiday park in 2020 with its natural spring water lakes and green fields, our turnover has grown to four times more than we anticipated. That has put us in a great position to re-invest and expand our facilities.
“We’ve banked with HSBC UK since opening the park and the support we’ve received, in particular from our Relationship Manager at the bank Alison Talbot, has been instrumental.”
The money will be used to develop Meadow Springs' facilities and offering, including adding a spa, gym, swimming pool and building out the brand-new restaurant and bar. Arthur’s Restaurant & Bar is now open to both residents and members of the public dropping by and serves home-cooked food, only using locally sourced products.
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Zena Perry-Hartle, Area Director for HSBC UK Business Banking Wales, added: “It’s been great to support the business in realising their vision over the past few years. Meadow Springs has had a great start and really benefitted from the rising popularity of staycations. Holidaying in the UK is set to remain a popular choice this year as uncertainty lingers over travel restrictions, so we expect the business to continue to flourish.”
The holiday park, that boasts 65 lodges, 72 static caravans and 70 tourers, was previously a shooting centre that held shooting World Championships, European Championships and hosted Olympic champions.
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