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.
