A Redditch estate agency has moved into larger premises in the town following an investment of £200,000 from Lloyds Bank Commercial Banking.
Jeremy McGinn and Co has relocated to The Old Church, a converted church building in Alcester Street a short distance from its original headquarters on Church Green East.
The move into the 450 sq m headquarters means the firm can offer extended opening hours, as well as free car parking.
The acquisition was aided by Lloyds Bank’s participation in the Government backed Funding for Lending Scheme.
Established in 2009, Jeremy McGinn and Co has an annual turnover of £1.2 million, and the new Redditch headquarters is the largest of its five regional offices, joining existing branches in Astwood Bank, Studley, Alcester and Stratford-upon-Avon.
Following the move, the firm has also outlined plans for further expansion, and is looking to increase its current team of eight staff at the Redditch branch by 50 per cent, bringing the company’s total number of employees across the five offices to 22.
Jeremy McGinn, managing director of Jeremy McGinn and Co, said: “This Lloyds Bank investment has enabled us to secure our move into larger premises, helping us to offer our customers a more convenient experience than ever before.
“The new office has been well received by our staff, thanks to the more spacious and comfortable environment that we now have to work in. This can only have a positive impact, and along with our plans to recruit more employees, we look forward to yet more growth in the future.”
Mark Corfield, relationship manager at Lloyds Bank Commercial Banking, said: “At Lloyds Bank, we’re committed to supporting the economic recovery by providing access to lending for businesses with ambitions for growth.
“The Funding for Lending scheme is an initiative which encourages the future expansion of the firm without impacting on its cashflow, and we’re proud to have worked with Jeremy McGinn and Co on this exciting project.”