Perthshire resort to expand with new funding

0 Silverwood Lodges and Bistro has secured a £700,000 boost to build new lodges and a bistro

A family-run holiday resort has secured a fresh six-figure investment to expand its site and meet growing demand.

Silverwood Lodges and Bistro, in Carse of Gowrie, Perthshire, has secured a £700,000 funding boost from HSBC UK to enable the site to accommodate 100 guests. The resort, owned by husband and wife Rod and Adelle Sim, had secured a £300,000 loan from the lender in 2017 to develop the 20-acre former clay works.

Thislatestfundingwillallow the business to grow to 19 lodg-

es, with 13 currently on-site and planning permission submitted for the rest, and build a newbistrothatwillopeninthe spring. The resort has five staff and is expecting to recruit further next year.

Rod Sim said: “The idea for our business came to us when we were planning our own wedding. We felt there was a real lack of accommodation options nearby for our guests.

“With HSBC UK’S support, we’ve been able to accelerate the development of our dream business.”