Yorkshire pharmacist acquires two new sites with £448k loan
Pharmacist Sachin Tammewar has acquired two new businesses following a six-figure loan from Unity Trust Bank.
Owning Central Dales Pharmacy in Hawes previous to this acquisition, Sachin has provided locations for inhabitants of Yorkshire’s more remote villages to receive vaccines without the need to travel to larger sites.
Steeton and Goxhill Pharmacies are now part of his portfolio, enabled by a £448k loan from Unity Trust Bank. Sachin will manage all three pharmacies with his business partner Gowardhan Kotra, while Anshul Saini is also a partner at Steeton and Central Dales.
Sachin Tammewar commented: “The nearest vaccination centre to Hawes is 15 miles away, or a 40-minute journey, so we were able to make a real difference to local people who would have struggled to travel.
“My new pharmacies are in small villages and around 70 per cent of residents are aged over 60. I’m delighted Goxhill has received approval to administer booster jabs.
“Pharmacies are now able to offer a lot more than they did in the past. We can help with a range of ailments, and with GP surgeries under increasing pressure, we provide a vital service for the local community.”
Andy Ball, relationship manager at Unity, said: “Unity only lends to businesses that make a positive contribution to social, economic and environmental needs.
“We work with a range of healthcare providers that deliver accessible frontline services in local communities, which is especially important in the remote areas where Mr Tammewar operates. We’re delighted to support his new acquisitions.”
Mr Tammewar added: “I chose Unity Trust Bank because it came with a good reputation and has a lot of experience in the pharmacy industry. The bank showed a lot of interest in us and Andy Ball was really helpful. It’s great to have a relationship manager who responds immediately and is there for you.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Resilience, connection and maximising opportunity
In pursuit of healthy obsession
Why the Budget must restore productivity
What does collaboration really mean in business?
Why NE6 is the real Northern Powerhouse
Can you really judge someone by their CV?
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace