Hotels and Pubs in the UK have reason to celebrate as they reflect on 2018 to date. The decline in the number of pubs has slowed down and the market has seen steady growth. The hotel sector has seen an upturn in occupancy rates and new hotels continue to spring up, providing great consumer choice.
Working in the hospitality sector is currently an exciting prospect and now is a great time to make plans for the future. As confidence grows due to sustained development, commercial funding is becoming more widely available for everything from refurbishing existing premises to completing the purchase on your next building for your ever expanding chain of pubs or hotels. Not forgetting those with slightly smaller designs, funding is also available to purchase new equipment, whether it be for the kitchen or the laundry room!
A commercial mortgage can be utilised for any number of purposes, so whatever your plans, the team at NGI are here to help source the appropriate finance to bring your dreams to reality.