Fusion strikes with £100,000 conversion

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EVENTS and venues operator Fusion Group has unveiled plans for its latest investment, just days after opening a property in Dunblane.

The Grangemouth-based group plans to pump £100,000 into its Logierait Lodges
development near Pitlochry by
turning a former post office building into a “bar and grill”.
Alex Mckie, managing director at Fusion, said: “There’s a gap in the market for pub-based
experiences, as opposed to
restaurant experiences.

“At the moment, our customers have no choice but to drive if they want to eat out.

“We have about 3,900 people staying with us each year. Logie­rait village already has a wonderful inn, but we feel there’s still a gap for us.”

Mckie hopes to have the 70-seater eaterie open in March 2014 and expects to fund the development out of his existing working capital.

Fusion turned over £1.9 million in the year to 31 March,
and Mckie believes adding the bar and grill will boost revenues by about £350,000.

News of the investment comes after Fusion launched Old Churches House in Dunblane last week.

Royal Bank of Scotland lent the firm £60,000 via the Treasury’s enterprise finance guarantee to convert the former ecumenical centre, which brought together Christians from different backgrounds to share