An historic Lincoln law firm has bought its offices with plans to grow after the most successful year in its 146-year history, with support from Lloyds Bank.
Page Nelson, which was founded in 1875, has bought the offices it previously rented at Victory House in Henley Way, in a move to support its growth strategy. The acquisition of the 4,600 sq ft building was supported by a six-figure funding package from Lloyds Bank.
The deal will see Page Nelson become landlord of the property, which provides high-quality office space for a number of local businesses, as well as hosting the firm’s own offices.
The £1million turnover practice, which has three partners, specialises in residential and commercial property work, wills and probate.
Director Steven Forster said: “This is a significant investment for the practice. Owning the building means we can use the space more creatively, giving us the flexibility to grow the team and expand our operations here in Lincoln.
“Victory House is a high-quality, modern office space in an excellent location with tenants in place, which also gives us extra security as we plan for the future. It’s an asset that we can pass on to the next generation of
link source - East Midlands Business Link - Property