Villas to aid KP's growth
LEISURE: The KP Club is set for growth after securing a £1m finance facility with HSBC's North Yorkshire Commercial team.
The venue, near Pocklington, is looking to add 24 new high-end woodland villas to enable it to grow the weddings, functions and corporate side of the business.
Turnover is forecast to grow by almost 50 per cent, from £1.4m a year currently to £2m, while the expansion will create 12 new jobs, bringing employee numbers to more than 50.
Work has now started on 12 villas, with a further 12 being added after the first phase is complete.
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Simon Dixon, a part- ner in The KP, said: "We are developing a boutique resort, not just a golf club. These are high-end, luxury properties that will enable us to deliver a better package for the wedding, function and corporate sectors."
The KP has now switched its business banking to HSBC in a deal led by senior commercial manager Mike Craft.
The woodland villas have been designed by Innovating Space and construction is being carried out by Ashco- urt Contracts Limited.