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.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.