Independent hotel group seek crowdfunding for new hotel

Flat Cap Hotels crowdfunding for new project
997 577 Daniel Fountain
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New hospitality group Flat Cap Hotels – founded in 2015 by brothers Oliver and Dominic Heywood – is planning to open a second property in Knutsford, Cheshire with the help of crowdfunding.

The group has purchased the former Crown Court in Knutsford and has submitted a planning application for change of use of the property that has been closed since 2010 as well as investing considerable sums in the refurbishment process.

Flat Cap Hotels plans to convert the property into a unique conference and banqueting venue. The site will have a 150 cover restaurant, champagne and cocktail bar with luxury hotel accommodation coming in the second phase of development.

The initial focus for the 2016 launch will be to develop one of the North West’s most prestige venues for conferences, weddings, private dining, meetings, exhibitions and events with a capacity up to 550 guests.

So far, the crowdfunding project has raised more than £20,000 of its £250,000 requirement, with funders able to donate from as little as £50 right up to the full amount to become ‘an investor partner who understands the vision and strategy’.

The campaign is now live and will run for 60 days

Daniel Fountain / 26.07.2016

Editor, Hotel Designs

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