Yorkshire Resort to Expand with Funding From HSCB UK

A Yorkshire luxury resort is expanding and improving its premises with seven figure support from HSBC UK.

Family-owned Rudding Park in Harrogate is using HSBC UK funding to complete the development of a new 60,000 sq ft golf and country club. This will include upgrades to existing health & wellbeing facilities, a new swimming pool and general improvements across the resort.

Rudding Park expects the HSBC UK supported expansion to create 75 new jobs and generate an estimated £14m in annual GVA for Harrogate. This builds on the business anticipating a 4.8% increase in turnover over the next 12 months.

The  development of Rudding Park will also include the addition of 7 new padel and tennis courts, an accompanying pavilion and the full restoration of a walled garden.

Nick Mackaness, Joint Managing Director  at Rudding Park, said: “This is an exciting new phase of growth for Rudding Park, as we continue to expand and diversify high quality experiences for our guests. HSBC UK support will enable us to complete these development works, making sure our facilities exceed the expectations of our guests old and new. We look forward to expanding the team and attracting guests from all over the UK as our plans take shape.”

Tom Sikora, Relationships Director at HSBC UK, said: “Rudding Park is a fantastic example of an ambitious business in a competive market with a clear strategy for growth. The team has built a well-loved resort over many years, always understanding the next steps needed to keep attracting guests These developments will ensure Rudding Park stays a household name across the UK for many years to come and we look forward to seeing the new facilities open.”

Rudding Park has been owned by the Mackaness Family since 1972 and now features 90 bedrooms and suites, a spa, three restaurants (one of which was recently awarded a MICHELIN star), a kitchen garden, private cinema, two golf courses and conference & events spaces. The business is building new premises to a BREEAM Excellent rated sustainability standard. This process includes tree planting and the introduction of more wetland areas to achieve overall BNG gains.