The Carp Society purchases stunning Somerset Lake with help from Barclays

A national fishing society has announced the expansion of its fishery portfolio with the purchase of Ashmead Fishery on the Somerset Levels, after securing a £625,000 commercial mortgage from Barclays.

Headquartered at Lechlade, Gloucestershire, The Carp Society was founded in 1981, with the primary aim of developing and promoting carp angling, and now has a significant membership countrywide. The acquisition of the new 17-acre wetlands fishery within the Somerset Levels complements The Carp Society’s existing portfolio of Lakes located at Lechlade, namely Horseshoe Lake, Farriers and Little Farriers Lake.

Derek Stritton, Chairman at The Carp Society, said: “We are delighted that the funding structure put in place by Barclays has allowed us to achieve one of our long-term goals. Ashmead Fishery offers the angler an opportunity to fish for some of the UK’s finest carp and by working closely with the existing owners, we are pleased to have been able to acquire such a renowned fishery in a spectacular natural environment.”

The Ashmead Fishery was stocked originally with fingerling carp from a Surrey trout farm in 1971, producing mirror carp to over 50lbs and common carp to over 40lbs.

Stuart Marshall, Barclays Business Relationship Manager, said: “We are pleased to have been able to support The Carp Society in their expansion and acquisition of Ashmead Fishery.  The organisation is a long-standing Barclays customer and we look forward to helping them continue to achieve their growth plans in coming months and years.”