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OakNorth completes £1.47m loan for Starbucks drive-thru and two EV charging points




OakNorth has issued a £1.47m loan for a site at Parsonage Way Retail Park in Manchester to develop a Starbucks drive-thru and two EV charging points.

The project is being led by Dallas Rhodes, director at Fairmilehead Ltd, who was advised by Lynsey Roberts, director at Altruistic Commercial Finance.


Dallas commented on the transaction: “I have had the pleasure of working with OakNorth on some of my previous projects, so knew they were the right banking partner for this.”

Fraser McPhail, director of debt finance at OakNorth, added: “Dallas Rhodes has strong relationships with drive-thru operators, having successfully completed similar developments for retailers such as Greggs and McDonalds in the past.”

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