London:
  • Asset:

    Retail – Warehouse Development

  • Loan Amount:

    £13m

  • Year:

    2021

  • Client:

    Private Developer

  • Development of regional retail warehouse park close to town centre
  • After many years of objections developer obtained planning consent for new scheme to provide 4 retail units plus 2 food pods and electric car charging points totalling 88,821 sqft with 285 car spaces
  • Partially pre-let to national multiples
  • Despite the challenges of the global pandemic which had had a huge impact on the retail sector we worked with the client to secure a competitively priced development loan with a new lender to the group