Castle Toward secures multi million pound diversification investment
Landmark 19th Century Scottish estate set to transform into major private events venue with estate cottages as holiday lets
At the southern tip of the Cowal Peninsula, overlooking Rothesay Bay in Argyll & Brute on the rugged Scottish West Coast, Castle Toward is one of Scotland’s best known and stunning stately homes. The owners, Keith and Denice Punler, have secured funding to transform the 19th-century castle into a major venue for private events and rent out estate cottages as holiday lets.
Owner Keith Punler commented on the project:
“The support and funding from Cambridge & Counties Bank has been at the heart of our plans to turn Castle Toward into an even more successful local and national landmark. It has helped put the Castle on a firm financial footing as it enters the next exciting era in its history. The bank took a hands-on approach, with the loan being made available within a month from approval, and we are now very excited to bring our vision for Castle Toward into fruition."
Sue Higginson, senior business development manager for South East, Cambridge & Counties Bank, said:
“It is clear that Keith and Denice have a passion and vision for Castle Toward and it’s great that we have been able to help them realise their ambitions and aspirations. We know that Cambridge & Counties Bank offers a competitive, unique service for clients and we look forward to working with more SMEs during 2018.”