Friday, July 3, 2020

Trio of Derbyshire restaurant hotels secure future with CBILS loan boost

A group of Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the COVID-19 pandemic.

The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned and run by John Crooks, his wife Gail and their five children.

John bought The Boar’s Head back in 1984, a historic building originally part of the Vernon estate, which he transformed into a 23-bedroom hotel with an a la carte restaurant to seat 80.

The family business now employs 140 people across its three sites.

John Crooks, director of the family business, JC Hotels, said: “This is the most challenging time our business has faced but we know we’re not alone. Pubs, restaurants and hotels across the region are feeling the same effects that we are and planning for the future is particularly difficult given the uncertainty surrounding when we’ll be able to open our doors again.

“We must remain optimistic and we’re doing everything we can to ensure that we’re ready to provide our customers with the quality and experience they have come to expect from us, when the time comes.”

Adam Hartshorne, relationship manager at Lloyds Bank, said: “John and his family have built a fantastic business over the last 36 years. The three restaurant hotels are each a part of the back-bone of their respective local scenes, providing wonderful food and accommodation for holidaymakers and businesses alike.

“The hospitality trade has been hit hard by the pandemic and we recognise that businesses like this are in urgent need of financial support.”

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