B&B finance case study – Sherwood Guest House

The Sherwood is an up-market and contemporary AA 4 Star guesthouse within a rare 3 storey Victorian town house property with a highly desirable prime seafront position in one of the most sought after areas of the seaside town resort of Cleethorpes (NE Lincs).

The Objective

The applicant had previous management experience of the hospitality sector having worked in a variety of roles in the hospitality and other customer facing sectors, was looking for additional guesthouse finance to make weight with her own capital, in order to purchase her own bed & breakfast business.

The Solution

An initial meeting with Stewart Hindley & Partners ensured a real understanding of their financing requirements and analysed the advantages and disadvantages of the different specialist guest house mortgage options that would be available to them given their circumstances.

The Stewart Hindley team’s track record in bed and breakfast funding provided un-parallelled access to prime and specialist commercial property lenders throughout the UK ensuring that the future owners of the Sherwood Guest House found a solution that met their immediate and future guest house mortgage requirements.

The Results

  • A decision in-principle loan offer, subject to valuation, was secured within 48 hours from receipt of the clients supporting information together with a business and marketing plan which included revenue and cash flow projections all compiled by Stewart Hindley & Partners as part of their debt application.
  • A transaction date, of six weeks ahead, was set and the target date met.
  • Securing the mortgage to purchase the freehold freed up enough working capital for the new owners to invest in on-going refurbishment.


Stewart Hindley & Partners was recommended to us by the selling agents as having a proven track record for securing finance for new business operators when the banks weren’t lending to the hospitality sector.

They acted promptly to secure our finance and provided all the information the lenders required – from the business plan, to cash flows and debt service statements. Our involvement was minimal. We only had to attend one meeting with the lender, which was simply a signing process.

Noelle Roffe, Proprietor

External links

The Sherwood Guest House


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