The Development Bank of Wales has supported two qualified paramedics, Andrea and Gethin Bateman, in a new business venture in the hospitality sector.
After working as frontline paramedics for the Welsh Ambulance Service NHS Trust, Andrea Bateman is now a Clinical Advisor for the NHS Wales 111 Service and Gethin Bateman is Head of Serious Incident Investigations for Digital Health and Care Wales.
However, a love of camping and caravanning coupled with a £300,000 loan from the Development Bank of Wales means they are now also the new owners of Pelcomb Bridge Holiday Park, which includes the Rising Sun Restaurant and Grill.
The Batemans have completed the purchase of the three-acre site which includes the Rising Sun Inn and associated caravan park which includes numerous caravan and tent sites, winter storage facilities, three chalets and a static caravan.
Renovation work at the Rising Sun Restaurant and Grill has already begun and the Batemans have recruited head chef Matthew Cox from St Davids, who is also guiding the kitchen upgrade to increase capacity.
Andrea and Gethin said: “We are both very people-oriented and love meeting new people. So we wanted to use those skills to try out a new business that gave us the opportunity to invest in our future; something something that combined our love of the outdoors, camping, caravanning and food The Rising Sun ticked all the boxes and it’s local to our home towns of Haverfordwest and St Davids.
“A chance conversation brought us here and we immediately saw the opportunity to breathe new life into the business and realize its full potential. Development Bank funding meant we were able to buy the business and continue with our plans to upgrade the campsite facilities and breathe new life into the Rising Sun.”
Clare Sullivan, Head of Investments at the Development Bank, added: “Andrea and Gethin have asked us for help in financing the purchase of this well-established and profitable business so that the former owners can retire.
“As a going concern this was an interesting proposition as it provides various sources of income and we had the opportunity to help protect the jobs of seven local people. Plus they certainly have the skills and determination to make it work and we are particularly pleased to see them already investing in on-site biodiversity and energy efficiency measures that will help reduce the carbon footprint.”