Mogford receives £8.5m towards refurbishments
Mogford is set to complete a refurbishment of its portfolio following an £8.5m funding injection from Santander.
Refurbishment works are taking place across Mogford's Old Parsonage Hotel & Grill, Gee's restaurant, the Old Bank hotel (pictured) and Quod restaurant in Oxford.
The £8.5m from Santander Corporate & Commercial is supporting the last phase of refurbishments, including the complete refurbishment of the 42-bedroom Old Bank hotel and Quod restaurant.
The final phase has been ongoing for the past three years and includes the renewal of all bedrooms, the restaurant and public areas, as well as the creation of a new rooftop room with its own terrace overlooking the high street at the hotel. The new rooftop room will open early September, and work on some of the bedrooms will continue until early December.
The group was founded in 1987 by restaurateur Jeremy Mogford, who founded Browns Restaurants in 1973 with John Mayhew before selling the group in 1996 to Bass Brewery.
Jeremy Mogford said: "The refurbishment means we can continue to offer customers the highest possible standard and level of service. We are incredibly excited about the new rooftop bedroom at the Old Bank, which is the first of its kind in Oxford and will no doubt be very popular."
Nigel Chivers, relationship director, Santander Corporate & Commercial, added: "Mogford's hotels and restaurants are premier destinations in Oxford and are constantly striving to remain at the top. The funding from Santander has allowed them to complete the refurbishment across the group and continue to offer the extremely high standards that their customers are used to."