Holiday home operator reveals expansion plans for North Wales site

A North West luxury holiday home operator has revealed plans to add 25 cottages to its North Wales site with the backing of a seven figure funding boost.

Wilmslow-based Natural Retreats is using funding from HSBC to expand Nature’s Point, its 10-cottage site on the Llŷn Peninsula on the edge of Nefyn Bay.

The development will see the construction of 25 luxury self-catering holiday homes, ranging from two-bed apartments to five-bed cottages, which will all overlook the Irish Sea.

As a result of the expansion, the business expects to grow its annual revenue by 25% and create up to 10 full and part time new jobs over the next 12 months.

Ewan Kearney, chief operating officer of Natural Retreats, said: “The UK self-catering holiday cottage market is very competitive and it is through making significant investments to our destinations that we remain a market leader. We identified great growth potential at this popular location so we made the decision to scale up our offering to holiday makers, whilst maintaining the secluded nature of this spectacular coastal setting.”

David Edwards, relationship director at HSBC, said: “We’re committed to helping dynamic businesses like Natural Retreats realise their growth ambitions. The new development in the Llŷn Peninsula will not only give more holiday makers the chance to enjoy this beautiful part of the country, but will also provide a boost to the local economy. We look forward to seeing the business welcome its first guests later this year.”

Established in 2006, Natural Retreats operates several holiday and leisure sites across the UK, including destinations in John O’Groats, the Yorkshire Dales, Cairngorm Ski Resort in Aviemore, Lews Castle in Stornaway and Trewhiddle in Cornwall.

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