The 24-centre Klondyke group is to bank exclusively with HSBC  after securing a five-year deal that will fund the redevelopment of five outlets.

The projects, expected to contribute to a projected group turnover increase to £50 million, include the planned re-build of Savilles at Leeds, the completion of an expansion at Stokesley, and refurbishments with new restaurants at Weavervale, Northwich and Polmont

CEO Bob Hewitt, who is retiring next year, said the support from HSBC would enable the group to fulfil its ambitions and invest funds back into the business.

He added: “Plants are our passion and we will always stay true to the quality of our products. However, we want to evolve Klondyke sites from traditional garden centres into social places for people to meet friends and family.”

He said Klondyke aimed to capitalise on recent successes that have led to strong turnover growth.

Doug Baikie, head of large corporate for HSBC in Scotland, said: “Klondyke Group’s model for growth has proved to be a success and we are very proud to be backing its plans for the future. Their sites are transforming into full-service retail operations but are still rooted in the company’s traditional passion for gardening.”