revenueshareRevenue
Capital at risk
36
Est. Months
15.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

A much sought-after 15th century building, The Ravenswood is the prime location for weddings and events in West Sussex. They host 34 impressive bedrooms including a bridal suite, along with four grand function suites and 18 acres of beautiful grounds with gardens and lakes. With 200 weddings booked in per year, The Ravenswood are looking to renovate using the funds raised, to make the most of their historical building before they hit peak season.

Picturesque location for memorable events

Our beautiful site, The Ravenswood, is situated in the tranquil, rural West Sussex village of Sharpthorne. As one of the country's most appealing hotel venues, we offer the perfect setting for weddings and events - from parties and dinners to meeting and seminars - with a personalised service. We are thrilled to be a Regional Finalist in the 2019 Wedding Industry Awards in the Countryside Venue category, results pending so watch this space! As a fully licensed civil ceremony conductors, we host approximately 200 wedding per year, with many booked far in advance.

We have three function suites: The Princess Beatrice Suite, named after the daughter of Queen Victoria, who once lived here; plus The Jacobean Room and The Baronial Hall in the original 15th century site of the building. For those wanting an outdoor ceremony, our Little Castle provides a fairy-tale backdrop. Our director of the grounds has 10 years of experience as a wedding photographer and so has ensured a fabulous selection of picturesque spots within our 18 acres with 4 lakes, gardens, and a forest walk. Guests can stay in one of our 34 bedrooms including the bridal suite and enjoy our regular events such as live music, afternoon teas, and Sunday jazz lunches.

One of the things that makes our venue stand apart is our sensitive treatment of the building's history as we wish to preserve and optimise original features. Therefore, with the money raised in this campaign, we will refurbish our guest bathrooms and extend the lounge to make the most of our impressive space during the quieter season before our Spring bookings. With new owners, we're sure to grow the business to its fullest potential.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Maximum
£ 106k
Raised
£ 35k
Investors
192
Estimated close date
23d 14h

Where will the funds go?

Refurbishment
£100,000
Working capital
£6,400

Key people

Samantha Wordie
Director
SG
Stuart Guy
Director
NC
Natasha Cronin
Director

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A. We are a wedding and events venue and utilising Booking.com and our 34 empty rooms for cash flow. The funding will accommodate the extension of the lounge and creation of new and disabled guest toilets. This will allow us to deliver more and better weddings and events over the colder months.

A. Hi, Yes the 'prime' dates over the spring and summer are already booked for weddings, but we are finding that we are able to convert couples to a weekday. We have a strong sales team who are also working on conferences, company meetings, awards, etc where they need a weekday date.
We will continue our monthly Afternoon Teas (very popular with booked couples and past couples)
We have 3 function spaces so we will continue to book events any day of the week.

A. Hi, We are a wedding and events venue, we are utilising Booking.com for guest accommodation for the next 6 month. This has helped the cash flow for the business. Moving into the future we have over 298 weddings booked with 33 rooms booked out for guest accommodation. The funding is required to extend the lounge and create new gents, ladies and disabled toilets for better delivery of our weddings and events over the colder months.

A. We are a wedding and events venue. We have 34 bedrooms which we book out on Booking.com for cash flow. We promote ourselves as a venue and not a hotel.
Business owners are Stuart Guy- local entrepreneur with a further six business. Sam Wordie- she was a wedding photographer and wedding planner with over 10 years experience in the wedding industry. Natasha Cronin- has worked closely with Stuart as Financial Manager

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Business brand

East Grinstead, UK

"Picturesque location for memorable events"

Incorporated
1 years, 7 months
Equifax score
49 / 100
Equifax Grading
powered by Equifax
Average score
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