Whitby castle to be transformed into ‘luxury’ hotel with seven-figure HSBC funding
A historic landmark in North Yorkshire has been acquired by a local family-run business with backing from HSBC UK.
Sneaton Castle, on the outskirts of Whitby, has been purchased by Cross Butts restaurant and hotel owner John Morley, who has plans to transform the site into a new ‘luxury’ hotel and wedding venue.
Former dairy farm owner John established Cross Butts after his dairy farm was impacted by ‘foot and mouth’ disease.
The purchase of the 297,000 sq ft site will enable the family to build on its hospitality knowledge, as well as fulfil its ambitions to create a ‘fairy-tale’ wedding venue for the area.
John Morley, owner of Cross Butts and Sneaton Castle, commented: “We’ve worked with HSBC UK for over 50 years, with the bank supporting us through some very tough trading conditions during this time.
“When the opportunity came to purchase Sneaton Castle, HSBC UK was quick to understand the scope of our thinking and match our ambition to create a perfect, fairy-tale wedding and events venue for North Yorkshire.
“We’re thrilled to be starting this next chapter with the opening of the castle and hope to welcome the public soon.”
Phil Look, HSBC UK area director for West & North Yorkshire, added: “Over the years the Morleys have been quick to react to a seismic change in their business from farming to hospitality and are now proud to boast one of the most exciting event spaces in the region.
“Cross Butts is an established destination restaurant and wedding venue, this latest acquisition will enable the family to diversify its business with the unique offering of Sneaton Castle in a spectacular location.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead