Hempstead House in Sparkling Health Thanks to Clydesdale Bank

09/12/2008

Following a multi-million pound investment Hempstead House Hotel, between Sittingbourne and Faversham, has completed the latest chapter in the owner’s aspirations to create Kent’s leading hotel.

Thanks to owners Mandy and Henry Holdstock, and their longstanding relationship with Clydesdale Bank, guests at Hempstead House Hotel can now enjoy the luxury spa, incorporating five treatment rooms, three pools, a sauna, steam room and state-of-the-art fitness centre, and choose from a further seven bedrooms.

The X-month build project, was financed by Clydesdale Bank’s Financial Solutions Centre based at Maidstone with additional funding from the owners.

“Attention to detail and an active interest in the wellbeing of our customers is what has made us successful,” said Mandy Holdstock, “And it was this shared business philiosophy that first brought Clydesdale Bank and us together more than 10 years ago when other banks showed little interest.”

The Hotel, which opened in 1990 and employs more than 50 people, sits in four acres of countryside between the villages of Bapchild and Teynham.

Mandy Holdstock added: “This latest investment is very significant for the future of Hempstead House as it enables us to increase bookings by improving what we can offer as a wedding venue, conference and business hotel as well as the lucrative spa break market.  It is the third project we have completed with Clydesdale Bank.”

Andrew Cheetham, Senior Business Partner, Clydesdale Bank said: “This is a great business with a strong management team who do what they say they are going to do.

“Interestingly, the owners have been able to pay back their loans ahead of schedule, which although this wouldn’t be popular with many banks, clearly demonstrates their strong financial management and ability to deliver against what they have forecast in their business plan.”