A PROPERTY group will develop 54-holiday lodges in the next year at a luxury holiday resort near Carnforth.
Blackfinch Group has announced the completion of a £2 million development loan for Twin Lakes at Warton. The 12-month deal will fund the future development of the resort and includes planning permission for 54-holiday lodges.
Several of the lodges have already been completed and are operational. The site has redeveloped a former disused quarry.
David Diemer, investment director at Blackfinch Property, said: “It was a pleasure to work with the Lodgequest team to deliver the latest phase of their vision for Twin Lakes, a luxury holiday complex in beautiful surroundings that enhance as well as protect local biodiversity.
“The business model for this development is complex and, after taking time to fully understand it, we were able to structure a facility that best supported the growth plans of the borrower. Because we build long-term relationships with our clients, we’re often involved in several phases of a project. We’re excited to see what the future holds for Twin Lakes and how we can further support the Lodgequest team.”
The construction also used locally sourced sustainable materials, including timber frames fabricated in the area. The development is also compliant with energy-efficient building regulations and provides facilities for bicycles and electric charging points.
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