Firms’ delight as they open new premises – thanks to bank support

TWO successful Carmarthenshire businesses have recently collected the keys to their new purpose-built premises at Parc Pensarn after receiving backing from the Development Bank of Wales and Carmarthenshire Council.

The new retail and industrial site is just 1.2 miles from Carmarthen town.

Old Oak Dental Practice received a £1.2 million loan from the Development Bank to purchase and fit out a purpose-built six-chair dental practice.

Likeafish Swim School now have their own pool to help more children learn to swim after receiving a £400,000 loan from the Development Bank of Wales.

Likeafish was also supported by Lloyds Bank through a commercial mortgage.

Funding for both deals came from the Wales Business Fund, which is partfunded by the European Regional Development Fund through the Welsh Government.

Both companies also received grant funding from Carmarthenshire Council to help with overall project costs.

Successful dentist Dr Adam Llewellyn owns and manages three surgeries in Llandeilo, Llandovery and Carmarthen.

His new, larger practice at Parc Pensarn will replace the existing surgery in Carmarthen town centre, which is proposed to be turned into flats.

“I’m excited to have received the keys and am looking forward to welcoming patients to our new Carmarthen base,” explained Adam.

“The new surgery allows for more dentists to work safely together, as well as providing ample parking for both staff and patients.”

Likeafish Swim School already delivers swimming lessons to just over 450 children.

Managing director Russell Sparks is hoping to help even more children learn to swim in west Wales. He said: “We’ve been helping children learn to swim across Carmarthenshire for over 10 years now, having our own pool was the next logical step.

“The loan from the Development Bank of Wales has made that next step achievable and we’re looking forward to welcoming back pupils.”