loanLoan
Capital at risk
36
Months
12.5%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

The Coconut Tree are a “youthful and authentic, cool and energetic” award-winning restaurant group, bringing flavoursome Sri Lankan street food and “cocotails” to the UK. Launching in Cheltenham in 2016, they have successfully opened five more sites, in Bristol, Bournemouth, Cardiff and Oxford and are ready to add a seventh! With the funds raised, they are looking to furbish and open their next site, with some potential properties already in the mix.

Bringing Sri Lankan street food to the UK.

The Coconut Tree is more than just a bar and restaurant to us. We are a family. In 2016, we started out as a group of friends with a passion for Sri Lankan street food. We managed to attain a lease for a bar and kitchen on St Paul’s Road, Cheltenham and renovated it ourselves while still working our full-time jobs. With some late nights and long weekends, The Coconut Tree was born.

We aim to deliver the best Sri Lankan street food and sweet and fiery “Cocotails” served with warm hospitality, in a stripped-back ‘street style’ interior with great tunes. Authenticity is at our heart, with our signature ‘Cocotails’ served in ceramics made in Sri Lanka and some concocted with a Sri Lankan spirit made from coconut flower nectar. We’re super chuffed with the level of support, awards and accolades we have received since those early days, including Soglos’ 2018 Best Restaurant Bar In Gloucestershire and recently Best New Bristol Business, at the Bristol Life Awards 2019/20. We’re even in The Lonely Planet!

Since 2016 we have successfully opened another five popular restaurants in Bristol, Cardiff, Bournemouth and Oxford and now have our sights set on opening our seventh! We are in the process of assessing potential properties and are raising funds to furbish and open the new restaurant. We hope you can join us for a fiery Cocotail and hopper!

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (2 of 2)
£ 100k
Raised
£ 49k
Investors
299
Estimated close date
Funded 5 months ago in 29 days

Where will the funds go?

Opening new site
£99,913

Key people

Waleserege Mithra Kalinga Fernando
Director
Anna Garrod
Brand Director
RR
Rashinthe Rodrigo
Operations Director
Red cup

Investor rewards

Hopper on Over

If you invest £150 - £249
20% off your meal

Going Coconuts

If you invest £250 - £499
20% off your meal + a free cocktail

St Colombo

If you invest £500 - £999
35% off your meal + 2 free cocktails

Sri-Party

If you invest £1,000 - £9,999
Free meal for 4 + 4 free cocktails

TCT BIG LOVE

If you invest £10,000+
Meal and cocktails for a table of 8 + A dinner for two every year on your birthday for the next three years

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Business brand

Cheltenham, UK

"Bringing Sri Lankan street food to the UK."

Incorporated
3 years, 9 months
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Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision