The owners of an existing leisure fishery wanted to provide additional facilities to service the needs of their current customers, attract new ones and improve dwell time by erecting a building that would provide changing facilities, a shop and a café. They achieved planning permission to put up such a facility but the capital cost was to be in the region of £600,000. This financing requirement was beyond the capability of the existing business.
As this was a farm diversification on a farm holding, we looked at securing 40% grant funding from the Rural Development Programme for England to part finance the venture so the project could be delivered.
The leisure fishery secured a £253,000 grant to enable it to build its fisheries centre.
We charged 10% of the grant achieved.