Mixed-Use Development

Key Information

Loan Amount

£11,800,000

Investment Type

Mixed-Use Development

Asset Class

Residential & Retail

Location

Berkshire

Borrower

UK LLP

We secured a highly leveraged development loan on behalf of our client who was embarking on their first project outside of London.

The property was a landmark building in a prime location within the home county of Berkshire and had planning for 3 x A3 units on the ground floor and 33 flats on the upper floors. The scheme comprised of ground up development, extensions and refurbishment.

There were a number of challenges and complexities with the site and plans, so we knew we had to work with a lender who really understood development and could be flexible and commercial in their approach.