Bradford, West Yorkshire
Case Studies
Location: Bradford, West Yorkshire
Asset Class: Multi-let Retail
Loan Type: 5 Year Term Loan
Loan Size: £5.9M
Year: 2019
space
Multi-unit retail property located in a prominent commercial area within Bradford city centre.
Retail assets have become difficult to finance due to a general decline in demand for the accommodation, but lenders still have appetite for well located properties let to strong covenants.
WR Capital arranged a £5.9M, 5 year term facility, equating to 65% loan to value, with a leading challenger bank.