Montgomeryshire nursery opens new site with HSBC support

A Montgomeryshire nursery has opened a new state-of-the art retail site to meet growing retail and wholesale demand for specialist plants, with the support of a six-figure finance package from HSBC.

King’s Nurseries, which has been co-owned by husband and wife Marcus and Claire King for almost 20 years, has used the HSBC funding to purchase a six-acre site in Garthmyl, Montgomeryshire. The new retail plant centre officially opened on Saturday April 1 and will house thousands of specialist plants including surfinia hanging baskets, geraniums and begonias.

CREDIT: Mike Sheridan/NWN Media

The funding has also been used to construct 65,000 sq ft of greenhouses set over three acres, as well as a streamlined modern till system in the retail area for the public to purchase plants. Four new jobs have been created in the local area as a result of the deal, one full-time role and three part-time seasonal roles.

King’s Nurseries co-owner Claire King said: “Expanding the small nursery we own near our home has been a dream of ours for many years. Thanks to the HSBC funding, we’ve been able to achieve this with the launch of our new retail site on Saturday. Making a measurable difference in the local community is a shared passion of ours and HSBC’s and it was a joy to see our customers’ reactions to the new facilities.”

HSBC area director for North Wales Martin Lyons added: “King’s Nurseries has been an HSBC customer since it was established in 1997 so we have a thorough understanding of the company’s evolving finance requirements. It’s been brilliant to watch them ‘grow’ as a business and respond to increased demand for their products. This latest round of funding will help them fulfil their ambitious development plans and expand their customer base.”

King’s Nurseries is a specialist producer of bedding and basket plants, perennials, trees and shrubs and supplies to pubs, hotels, local authorities, garden centres, flower shops and market traders in Wales and the Midlands.