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Bishop Cleeve Commercial Development
Senior Tranche

Loan to finance the construction of 3 commercial premises

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Loan Amount
£475,000
Loan Term
12 months
Lender Interest Rate
6.25%
Loan To Value (LTV)*
45%
Key Loan Details

Annual interest
£29,687
Security
1st Legal charge
Guarantee
Personal guarantees from the Directors
Interest serviceability
Interest to be retained for the first 9 months then serviced thereafter
Capital Repayment
Sale of the completed units
Purpose of loan
Development
Key Property Details

Valuation
£2,747,000
Use
Commercial
Location
Cheltenham
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
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If you would like to able to view the Loan Documents

Please note: loan details are subject to change up to the date of listing


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Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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