The Boathouse | Impetus

The Boathouse, Ellesmere, Shropshire

If you’re based in or visiting Shropshire and looking for a fine restaurant or vibrant cafe in a truly breathtaking location then The Boathouse in Ellesmere has to be your first port of call.

The aim

This busy lakeside venue was seeking an investment loan to cover the cost of various property improvements including a kitchen refurbishment, new external lighting, decking and rain-proofing as well as the fit out of a new kiosk to serve ice creams, confectionery and drinks.

The award

The business loan would enable The Boathouse to not only expand its customer offer but also introduce an additional income stream. As a result, £30,000 was awarded across a three year period.

The difference made

Business financing support from Impetus enabled The Boathouse to open another venue within the site and complete the works before the busy Easter holiday period to capitalise on a significant increase in turnover. With new jobs created, the result has been a £53,000 social and economic impact.

Visit The Boathouse Website

” The loan enabled us to increase capacity by 25% and increase turnover by 20%. We had approached our bank but we were told the catering industry was ‘out of favour with them’ and they also cited that we had been trading for less than two years.

The Boathouse, Ellesmere, Shropshire

The aim

The award

The difference made

” The loan enabled us to increase capacity by 25% and increase turnover by 20%. We had approached our bank but we were told the catering industry was ‘out of favour with them’ and they also cited that we had been trading for less than two years.

Thanks to Impetus our business plan delivery has been brought forward by 12 months“

– Richard Taylor – Business Owner | The Boathouse