Bristol South Mixed Use Redevelopment Loan


Loan to finance the purchase of an existing semi commercial property, let to an established retail tenant at ground floor, and the refurbishment of 2 apartments on the upper floors to be let upon completion of works.

There are currently loan parts worth  £1500  available to buy in the Resale Marketplace.

Loan Amount
£350,000
Loan Term
12 months
Lender Interest Rate
8.75% p.a.
Loan To Value (LTV)
65%
Key Loan Details

Annual interest
£36,750

Security
First Charge

Guarantee
Yes - The principal director/shareholder is providing a guarantee for capital of £87,500 and interest due under the loan

Additional collateral
Yes

Interest serviceability
Interest will be serviced from retained loan proceeds for the term of the loan

Capital Repayment
From a refinance or sale of the individual commercial and residential units.

Purpose of loan
Purchase and Refurbishment
Key Property Details

Valuation
£540,000

Use
Residential

Location
South West
Virtual Data Room

Registered(Approved) Lenders may view Loan Documents such as the Valuation Report in more detail in our Virtual Data Room - hosted online by Box

Please contact Lender Support if you don't have access to Box
Register as a Lender

If you would like to able to view the Loan Documents
Relendex Limited is registered in England, Company Number 07486328
Registered Office: 45 Pall Mall, St James's, London. SW1Y 5JG
Important Notice

Relendex Limited is regulated in the United Kingdom by the Financial Conduct Authority and entered on the Financial Services Register - FRN 723117.

Lenders participating in these arrangements should be clearly aware that any sum lent through the Exchange is a loan and not a deposit and its repayment is not guaranteed. It is in the nature of an investment opportunity. Any investor should consider an appropriate spread of risk. Non-institutional investors should seek professional advice before lending through the Relendex Exchange.

View Notice in full
Relendex Limited adheres to the General Data Protection Regulation
(c) Relendex Limited 2018 All rights reserved View our Privacy Policy