A family-owned camping site near the historic site of the Battle of Hastings is now hosting weddings following a seven-figure funding package from HSBC UK.

Bluebell Coppice, a campsite spanning 15 acres of woodlands, has expanded into the wedding industry following a £1.6 million commercial mortgage refinance from HSBC UK.

The savings from the refinanced deal has enabled Bluebell Coppice to open a 678 sq. ft. barn for weddings and events, and the owners are now in the process of refurbishing an existing lodge to be used as an indoor venue, which is due for completion in April.

The launch of the new events business is expected to boost Bluebell Coppice’s off-season revenue, with the park set to host up to 27 weddings annually, offering exclusive use of the glamping site to couples during off-peak weekends. As a result, revenues are anticipated to increase by £90,000 this year and £200,000 next year.

By lengthening its operational season, Bluebell Coppice will provide extended employment for wardens and cleaners. The site is also recruiting a marketer and administrator for its new events business, and has ambitions to launch an on-site shop and café.

Julie Warren, Owner of Bluebell Coppice, said: “After purchasing Bluebell Coppice in 2019, we were forced to close in 2020 due to Covid, so we didn’t have the trading figures we needed to show profitability. As a result, we had to move from our original bank to a loan provider with high interest rates.

“Switching to HSBC UK has been a game changer. Cutting down our mortgage costs has been a big relief, but more than that, it has given us a chance to grow our business in a way we didn’t think possible before. Now we’re hosting weddings and events, which is something we’ve always wanted to do.”

Dave Green, Relationship Manager for Business Banking South East at HSBC UK, added: “We see great potential in the growth plan for Bluebell Coppice and are delighted to have been able to support it through this mortgage refinance. The global glamping market size has been projected to grow annually by 8.7 per cent until 2030 and by branching into the wedding and events sector, the business will be able to boost its profits and take on new staff from the local area.”

Bluebell Coppice offers a variety of accommodations, including camping pitches, glamping bell tents, and woodland lodges. Set within a forest in East Sussex, the site also features a fishing lake.

The deal came through HSBC UK’s newly launched commercial broker scheme. Under the new scheme, accredited commercial finance brokers will be able to provide business leads to HSBC UK’s relationship managers.