West Tower Holdings Ltd
In 2009, our VCTs backed the purchase of a freehold exclusive-use wedding venue and hotel in Ormskirk.
At the time of investment, West Tower was trading with two restaurants and offered a full hotel service in addition to weddings. In late 2009, the cottage on the grounds was sold and proceeds used for refurbishments, including extending the function room. Following this, the site was repositioned as an exclusive-use wedding venue catering for up to 140 day guests.
In May 2015, our funds made a full exit from this investment.