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A Manchester-headquartered property technology firm has purchased new commercial premises on the back of a strong trading period.

The move by Street Group to snap up the site in Oldham Street was backed by financial support from Barclays.

With the support of a £1.54m term loan from Barclays the group has acquired a four-story building with retail on the ground floor and offices on the upper three floors.

Street Group co-founder Tom Staff said: "We are delighted to be working with the Barclays’ team and have been very impressed with their desire to understand our business and build a strong partnership approach.

"It’s great to have this asset on our balance sheet and the support from Barclays has allowed us some freedom to invest further in the product so the next few years will be very exciting for our business."

Mike Holligan, North West relationship director for high growth and entrepreneurs, added: "Street Group is a well-managed and ambitious company that is investing for the future and contributing to the local economy.

"With a strong reputation and an exciting pipeline of opportunities for the future, we’re delighted to support the business as they continue to grow despite these challenging times."