Pub takes swipe at hotel market with NatWest-backed expansion

The Saxon Inn

The Saxon Inn pub in Escomb, near Bishop Auckland, has expanded into the overnight accommodation market with the launch of nine, boutique bedrooms.

The expansion, which was boosted by a £190k funding package from NatWest, alongside a personal investment of £60k from owner Paul Hope, has extended the building, which dates back to 1671, into a new bed and breakfast business.

The new bedrooms opened in January 2019 and have already proven popular.

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To service the new facilities, four new full and part-time jobs have been created, including front of house and back of house roles.

Recruitment is also underway for a full-time chef who will oversee the 70-cover restaurant and will take the total number of employees to 13.

Owner Hope has 40 years’ experience in the hospitality trade and acquired The Saxon Inn with his now retired parents in 2001, transforming it from a struggling pub into the essential part of the Escomb community.

As part of the next phase of the pub’s expansion, he plans to purchase additional land to extend the kitchen and car park, as well as refurbish the lounge area and exterior of the building.

Hope said: “There has been a large amount of investment into Bishop Auckland and it’s fast becoming a popular tourist destination, meaning it is the perfect time to expand and introduce accommodation to our offering. Thanks to the funding from NatWest, we have been able to create nine immaculately decorated rooms, available at affordable prices, so guests can enjoy the local area. We look forward to continuing to welcome both locals and tourists to The Saxon Inn.”

Finance broker Howard Broadbent at PXL Associates introduced Paul to Andre Parcian, NatWest broker business development manager and Paul Marshall, NatWest relationship manager, to support the expansion of his business.

Tags : expansionfundinghotelsNatwest
Zoe Monk

The author Zoe Monk

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