Funding deal supports luxury holiday accommodation offering

A farm in Pickering, North Yorkshire, has secured a six-figure funding package from HSBC UK to support premise development and growth of its holiday let business.

Shire Stays, at Cliff Farm, has developed two holiday pods on its estate. The distinctive looking pods are built into the ground and equipped with fitted bedrooms, en-suite bathrooms, kitchen areas and king-sized beds.

The HSBC UK supported lets can fit between two to six guests at a time. Each pod has its own private hot tub, along with skylights,

The new premises on the 150-acre farm enables the business to diversify its revenue stream, as well as support further employment of staff on site.

As a result of the HSBC UK funded development, Shire Stays is anticipating a 35% increase in turnover over the next 12 months.

Rob Scalding, managing director, said: “The development of these holiday lets at Cliff Farm will provide a diversified income steam for us, whilst allowing customers to have direct access to the North Yorkshire Moors.

“We’ve already had some fantastic feedback and there has been a demand from across the UK. We look forward to welcoming more guests onto our farm in months to come.”

Simon Harget, agriculture relationship manager at HSBC UK, added: “The funding will allow Cliff Farm to continue building its business and create a sustainable future.”