A LAKES distillery is in high spirits after securing a multi-million-pound facility.
The Lakes Distillery has received a £3.5m asset-based lending facility from Secure Trust Bank Commercial Finance to help it triple the number of litres of alcohol it produces per annum.
Founded in 2011, the distillery is housed in a renovated 1850’s Victorian farmstead.
Nestled on the shore of Bassenthwaite Lake, it has become a popular visitor attraction, welcoming more than 32,000 visitors on its tours in the last 12 months, and over 60,000 diners in the onsite restaurant.
The £3.5m investment will allow the Lakes distillery to increase the quantity of single malt whisky stock it can produce each year by threefold, from its current capacity of 130,000 litres.
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