Stay Original secures another £3.5m

Stay Original Company Ltd, the south west operator of five boutique hotels and pubs, has secured a £3.5m loan from Cynergy Bank.

The bank’s first deal with Stay Original was in May 2021, with the most recent loan funding the purchase of the group's sixth site, At The Chapel, located in Bruton, Somerset.

The building dates back to the 17th century. It features an 18th century chapel, a restaurant, an artisan bakery, a wine-store and eight bedrooms.

Stay Original bought and renovated its first property, The Swan in Wedmore (pictured) in 2011. The company has since added properties in Somerton, Bradford-on-Avon, Shaftesbury and Dorchester. 

“Stay Original Company Ltd is growing and At the Chapel is exactly the sort of opportunity we have been looking for," says James Brooke-Webb, director of Stay Original Company Ltd. "It’s been great to work with Cynergy Bank again and doing business with Steve Crosswell and his team for the second time has been no less of a pleasure than it was the first. Stay Original Company Ltd were advised by Bruce Roxburgh of Roxburgh Milkins and Tom Marshall and Bethany Drew of TLT LLP.”

You can read Pub & Bar's interview with Stay Original's Rob Greacen here.

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