A rapidly-growing property consultancy is set for further expansion in 2016 following a funding boost from Finance Yorkshire.
Barnsdales Limited, which is based in Doncaster and Sheffield, but also has offices in Manchester, London and Lincoln, has secured a business loan to support its growth plans.
The business was established in 1905 and still remains a family enterprise, specialising in chartered surveying, property consultancy and estate agency.
The majority of its services are provided to other businesses such as banks, insurance companies, property development companies and pension funds.
It also comprises property and facility management consultancy Barnsdales FM, and an auction business, Regional Property Auctioneers, which itself has doubled in size year-on-year for the last three years.
The backing from Finance Yorkshire, alongside ongoing support from Barclays, will assist the business as it looks to continue its upward trajectory into 2016.
Director and owner Jason Barnsdale said: “Our growth this year is around 20 per cent up on 2014 and we are aiming for more of the same next year. “The auction side of the business is on track to double its growth yet again next year, and the residential property management side is also growing quickly. We have recruited a number of new people and will be doing the same again in 2016.”
He added the funding will “play a vital role in fuelling our ongoing growth.”
Karl Hodson, Finance Yorkshire’s investment manager, said: “We are excited to see the business continue to grow into 2016 and beyond.”