Commercial property financing case study

mega-homes-ltd.jpg

Shawbrook Bank has provided the owner of luxury events venue and 250 acre estate, Rossington Hall, with £2.45m of funding to support their plans for growth as they work to establish themselves as a leading luxury venue in the South Yorkshire Area.

Rossington Hall, first built in 1882, was used as a private house until 1939 where it then had a range of commercial uses such as being a school for children with special needs. After a period where it had been left unoccupied, the property was then converted into a hotel in 2011 after it was purchased by Migar Homes Ltd who are working to restore it to its former Victorian glory. The Doncaster-based hotel now has around 30 employees and accommodates almost 15,000 visitors per year.

After taking the time to work closely with the owners of the property and to fully understand their business and ambitions, the regional Shawbrook team (based in Wetherby) worked to structure a facility with an extended amortisation profile that would allow the business to continue its growth plans.

The company was introduced to Shawbrook Bank through broker partner, Reach Commercial Finance, and legal advice provided by Andrew Jackson Solicitors LLP.

Gary Gee, managing director at Migar Homes Ltd, says: “As we looked to pursue our growth plans we realised that we needed a lender who could offer flexibility to support our refinancing needs. We were impressed by the hands-on approach that that the team at Shawbrook had which means that they have been able to really understand our business and our requirements to deliver a flexible facility that really works for us.”

Nick Salmons, relationship director at Shawbrook Bank, says: “Migar Homes needed a lender who would be able to offer the right level of funding with a repayment structure that was sensitive to their current position in the growth cycle. It’s an exciting opportunity for us as we get to closely support the business through the next stage of its journey.”

Steve Dunwell, Reach Commercial Finance, says: “When I was introduced to Gary it was obvious that Migar Homes needed a funding partner who could be flexible and structure a facility that catered for both their current position plus the expected growth. I was delighted Nick and the Shawbrook team delivered a facility that met those needs and look forward to seeing Migar Homes go from strength to strength over the coming months.”

Enjoyed this? Read more from Reach Commercial Finance

Latest news

1

Eden Project Garden at RHS Chelsea Flower Show 2026 marks 25th anniversary Eden Project garden

Eden Project Garden at RHS Chelsea Flower Show 2026 marks 25th anniversary

21 Oct 2025

2

Breck Homes appoints new managing director Phil Dolan, Breck

Breck Homes appoints new managing director

20 Oct 2025

3

Management buyout at Suresite Group Steve Holden

Management buyout at Suresite Group

17 Oct 2025

4

Meet the influencers who have generated £2m sales for one company Helen and Richard Chalu new

Meet the influencers who have generated £2m sales for one company

16 Oct 2025

5

WHN strengthens position in prestigious legal guide Daniel Long

WHN strengthens position in prestigious legal guide

16 Oct 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

Women scaling up Blackpool Fylde and Wyre
LBV Hub Seminars
22 Oct 2025 - 09 Jan 2026

Women scaling up Blackpool Fylde and Wyre

The Small Business Academy, Blackpool, FY4 5JX

09:30 - 15:30

HR Essentials for pubs, bars and licensed venues
EventBrite NORi - 22nd Oct Webinar.png.png
LBV Hub Webinar
22 Oct 2025 - 22 Oct 2025

HR Essentials for pubs, bars and licensed venues

Online - Teams, Leyland, PR253XH

13:30 - 15:00

RISE - Lancashire's unique leadership programme for women
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
22 Oct 2025 - 18 Mar 2026

RISE - Lancashire's unique leadership programme for women

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:30 - 15:30

North West Business Expo 2025
https---cdn.evbuc.com-images-880456273-4862066883-1-original.20241022-105445.jpeg.jpg
LBV Hub Exhibitions
24 Oct 2025 - 24 Oct 2025

North West Business Expo 2025

Bolton Stadium Hotel, Bolton, BL6 6SF

09:00 - 15:00

Chamber Business Lunch – October
LBV Hub Networking
24 Oct 2025 - 24 Sep 2025

Chamber Business Lunch – October

Lancaster Golf Club, Lancaster, LA2 0AJ

11:00 - 13:30

Lancaster District Business Support Expo
Lancs-cham-logo.jpg.jpg
LBV Hub Networking
29 Oct 2025 - 29 Oct 2025

Lancaster District Business Support Expo

The Platform, Morecambe, LA4 4DB

10:00 - 15:00

Chamber Breakfast Networking – November
Lancs-cham-logo.jpg.jpg
LBV Hub Networking
06 Nov 2025 - 06 Nov 2025

Chamber Breakfast Networking – November

Porsche Centre South Lakes, Carnforth, LA6 1FW

08:30 - 10:30

Lancashire Police business update with The Police and Crime Commissioner
Lancs-cham-logo.jpg.jpg
LBV Hub Roundtables
10 Nov 2025 - 10 Nov 2025

Lancashire Police business update with The Police and Crime Commissioner

Lancaster Castle, Lancaster, LA1 1YN

14:00 - 16:00

Beyond the Brand: Building trust through values and integrity
1.png.png
LBV Hub Networking
11 Nov 2025 - 11 Nov 2025

Beyond the Brand: Building trust through values and integrity

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 20:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin