Cornish couple acquire Chacewater Garden Centre in Truro
Published: 10 September 2019 - Kiran Grewal
A Cornish couple have purchased a second garden centre in Truro with the support of a six-figure finance package from HSBC UK, enabling them to expand their blossoming horticultural business.
Husband and wife duo Chris and Liz Finney have acquired Chacewater Garden centre, situated on a three-acre site just seven miles from their existing business, Goonhaven Garden Centre. Under the new ownership, five members of staff will join the team, including a catering manager to operate the on-site café.
Chacewater Garden Centre offers a range of bedding and basket plants, perennials, shrubs, garden furniture, tools, decorations and gifts. The new owners hope to expand the business in the near future, with opportunities to install an on-site pet shop and scope to increase the size of the café.
Chris Finney, co-owner of Chacewater Garden Centre, said: “By purchasing our second garden centre, we’re able to further our passion for providing high-quality, independent garden centres to the local community. Chacewater presents us with lots of exciting opportunities for expansion and our HSBC UK relationship manager, Craig Pascoe, has been a fantastic support towards us realising our ambitions.”
Mark Self, HSBC UK’s area director for Business Banking in Cornwall, Devon and Somerset, said: “With over a decade of experience in the horticultural industry, Chris and Liz are incredibly passionate about their business and we’re delighted to have supported them as they embark on the next steps of their journey. We wish them the best of the luck as they welcome the local community to their new garden centre.”
The funding package from HSBC UK was allocated from the bank’s £200 million SME Fund which supports SMEs across Cornwall, Devon and Somerset.