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Home > Completed Deals and News > Completed Deals > FUNDED: Commercial Retail Unit

4/2/2024 | Retail Mortgages

FUNDED: Commercial Retail Unit

Christie Finance Real Estate, specialist commercial finance experts are pleased to announce that we have secured a short-term facility for the acquisition of a Commercial Retail Unit in Scotland.

Key Highlights:

£420,000 Bridging Facility
Acquisition of commercial unit in Edinburgh, Scotland
65% loan to value (LTV) achieved alongside a 2nd charge facility on the clients' main residence
Competitive interest rate with no exit fees
Time sensitive transaction with professionals instructed within 2 days of instruction
Completion achieved in less than a month

Alex McMillen, Finance Consultant, who supported our client, on the funding says:

"Capitalising a motivated seller and a time-sensitive opportunity, we swiftly orchestrated a solution using bridging finance, ensuring completion within a tight four-week window. Securing 65% LTV financing for the property purchase, we strategically leveraged additional assets by arranging a second charge against his residential flat in London, which boasted substantial equity".

For further information on how Christie Finance can help you and your business – Contact the experts:

Alex McMillen
Finance Consultant
M: +44 7756 875 221
E: alex.mcmillen@christiefinance.com