Landlord buys community sports pub with NatWest funding


Landlord buys community sports pub with NatWest funding

The landlord of a popular pub can finally call it his own thanks to funding from NatWest.

Colin Wilmot of Willaspoons and Relationship Manager Gavin Senior

The landlord of a popular pub can finally call it his own thanks to funding from NatWest.

Colin Wilmot and his wife Jacqui have been leaseholders of Willaspoons in Thorne, South Yorkshire,  for four years, developing it into a community sports pub showing football, cricket and rugby on a daily basis. Customers can also enjoy music on Friday and Saturday, and karaoke on Sundays.

Seven months ago they decided to buy and turned to NatWest for a commercial mortgage worth £140,000 after working with the bank on a previous project.

Wilmot praised Relationship Manager Gavin Senior for his role in helping the couple secure their loan: “Gavin was great throughout the process and he was always very down to earth. He always gave clear advice and addressed my needs. The purchase was finalised just as we celebrated four years at the pub in November so it was a bit of a double celebration.

 “After leasing the pub for so long, you always hope you can come to a place where you can purchase it. It’s great to be in a position to say this pub is ours and open for business.”

Senior said: “Colin and Jacqui have great experience in the pub trade and their commitment to making Willaspoons part of the community was evident in their proposal. I am pleased we were able to support them.”

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox