ACCLAIMED hairdresser Guy Kremer, has opened a second Hampshire salon as he plans to a create a franchise chain across the south west.

With the help of a finance package from HSBC Guy has opened an outlet in Lymington.

The business has used the funding, comprised of a six-figure commercial mortgage and six-figure business loan, to purchase and refurbish a 1,200 sq ft former restaurant.

The new premises will include a hair salon with a café lounge and courtyard.

It will create up to 10 jobs including hair stylists and café staff.

Guy Kremer also has plans to open more franchise salons across the south west as part of a five-year plan with HSBC UK.

Colin Boyce, Guy Kremer business partner, said: “Guy has run a successful salon for decades, building an impressive portfolio of clients in Winchester and around the world.

"We are thrilled to open a new salon in Lymington so we can replicate our success. HSBC has been very supportive during the acquisition and our relationship manager, Stephen Gardener, was able to offer his expertise and experience to helpfully guide us through the process.”

Jane Fancy, HSBC UK’s area director for Hampshire and Dorset, said: “We are delighted to be able to support the business in acquiring this property. Guy and Colin have ambitious plans for growth across the South West and we’re keen to be able support them in the next stage of the business’s development.”

Guy Kremer, who has owned the salon in Winchester for more than 30 years, is a L’Oréal ambassador and includes a number of celebrities among his clientele. He has also contributed towards top fashion magazines such as Elle and Vogue.