Canal Court office space on Craiglockhart Avenue, Edinburgh. (Image: supplied)
Backed by a Building Transition Loan from the Bank of Scotland, the move will allow Trinity to consolidate its two existing Edinburgh offices into a single, larger base and create space for future expansion.
The Canal Court premises comprise two identical buildings with a combined floor space of 11,000 sq ft, adjacent to the Union Canal.
One building will accommodate Trinity’s 50 office-based staff, while the second will be occupied by charity Children’s Hospices Across Scotland (CHAS), who will remain as long-term tenants.
The company also employs 25 field staff and operates an office in Rosemount, Aberdeen, supporting its property portfolio in the north and north-east of Scotland.
Alasdair Seale, Managing Director at Trinity Factoring Services Limited. (Image: supplied)
Trinity plans to let its existing Edinburgh offices to generate additional income.
The business started with managing director Alasdair Seale, who rented locked garages at the age of 15. The venture evolved into property management, leasing and insurance services, with the company remaining a family business. Seale’s son is now its operations manager, in addition to being a chief executive.
Alasdair Seale, Managing Director of Trinity Factoring Services Limited, said: “Reaching 50 years is something we are incredibly proud of, especially when we look at how the business has evolved from where it started.
“But we are equally focused on what comes next.
“Bringing our Edinburgh team together will make a huge difference to how we work, while giving us the space to continue to grow and create opportunities for people to build careers in our business.”
Ross Penman, relationship manager at Bank of Scotland, said: “Trinity has built an impressive business over nearly five decades, combining steady growth with a clear commitment to its people and customers.
“The purchase of Canal Court gives the team a long-term base that can support its future ambitions, while the building’s energy efficiency made it a strong fit for our construction transition loan.
“We are delighted to support Alasdair and the team as they invest in the next chapter of the business.”