Together splashes out £6m on Cheadle business park property

Financial services group Together has acquired the No 1 Lakeside building at the Cheadle Royal Business Park in Greater Manchester for nearly £6m.

The 33,000 sq ft property was bought from current owner Ian Pollitt of Cramer Properties by a director of Together to facilitate its growth plans for the business, which is based in the neighbouring Lake View building.

Together provides a range of finance to customers, including homebuyers, investors, landlords and business.
 
Kevin Fisher, HR director at Together, said: “Together has ambitious plans for expansion and we need to ensure we have the infrastructure in place to support our increasing number of colleagues.

“We are currently recruiting for a number of roles, many of which are newly-created in order to help us meet demand across both our commercial and personal finance businesses, so it’s an exciting time, but it’s essential we look ahead and plan accordingly to accommodate this growth.

“We’re really pleased about the acquisition of the neighbouring property, which allows us to expand whilst retaining our base here in Cheadle.  It’s a long-term plan, however, as there are tenants in the property currently, so there will of course be discussions taking place in terms of appropriate timescales for the transition.”

The sale was managed by OBI Property, in an off-market deal.

As a specialist lender to niche markets through an extensive distribution network, Together, which was established in 1974.