Commercial investor loan – Office redevelopment

9 September 2019
 

Cambridge & Counties Bank helped fund the purchase and development of a Darlington based office building, becoming home to one of the fastest growing care companies in the UK.

  • HQ to HC-One, one of the UK’s largest care home operators
  • 30,000sq ft, four-storey building
  • Funding will create more jobs and additional workspace

Goldcom Properties were able to use the finance to purchase Southgate House which is now the headquarters for HC-One. HC-One acquired 110 homes from BUPA making them one of the UK’s largest care home operators. The funding will also help refurbish vacant floors to create additional space allowing for 100+ new jobs. Cambridge & Counties Bank was praised for the speed of decision and efficiency, which allowed for a smooth process and draw down.

To find out more about our property finance, please contact our relationship management team.