An entrepreneurial family with a track record of owning and managing successful businesses across the UK has purchased Grange Park, a popular leisure and sports destination in Lincolnshire, with support from HSBC UK.
John and Georgina Aisthorpe, together with their two children Jake & Amelia, will take over the 148-acre facility from its previous owners. The family secured a six-figure commercial mortgage from HSBC UK to fund part of the purchase.
Grange Park is a leisure and sports attraction providing guests with a wide range of facilities and services, including overnight accommodation, golf courses, tennis courts, weddings, function rooms and private parties.
With over 30 years’ of combined experience owning and managing businesses, John and Georgina are well-placed to grow Grange Park. An immediate area of focus for the family is to build on the park’s existing facilities, including its portfolio of lodges available for overnight guests. The new owners are building an additional 14 lodges, increasing accommodation capacity by 80 per cent.
Over the next 5 years, the family hopes to grow the park’s existing customer base by expanding its facilities and maintaining its reputation for customer service.
John Aisthorpe, Owner of Grange Park, said: “With a large amount of commercial experience and a burning desire to succeed, Georgina and I wanted a new challenge. With the support of our two children, we hope to create a family business that provides guests with long-lasting memories. We’re already in the early stages of developing new accommodation and with the support from our Relationship Manager at HSBC UK, Ian Green, we will continue to strategically develop the park’s 148 acre site.”
Paul Armstrong, Area Director for Business Banking in Lincolnshire, HSBC UK, said: “Not only do John and his family have the necessary experience, the high demand for sports and leisure facilities in Lincolnshire provides an exceptional platform from which to grow the business. I wish them all the best for the future.”