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Asset:
Office and Industrial Complex
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Loan Amount:
£30m
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Year:
2021
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Client:
UK Property Developer
- Our client purchased a 5 acre site in North London, totalling 182,764 sq ft, comprising 101,870 Sqft of office and 80,894 sq ft of industrial accommodation.
- We were engaged to secure a short term facility to fund the completion of the acquisition.
- The site was acquired with vacant possession with a business plan to operate the asset with a focus towards occupational interest from the film and production industry.
- The site also benefits from significant development potential.
- Once the business plan has been proven, the short term loan will be refinanced with a term facility.
