Greater London

Contact

info@wr-capital.co.uk

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London

W1W 6AN

Case Studies

Location: Greater London

Asset Class: Mixed-Use Commercial

Loan Type: Short Term

Loan Size: £8M

Year: 2024

space

Mixed-use commercial asset comprising a ground floor restaurant unit with c. 16,000 sq. ft. of office accommodation situated above. Half the accommodation was let, the other half was in the final stages of refurbishment.

Client required a short-term loan facility to refinance an existing loan, and bridge the time required to complete the outstanding refurbishment works, let the vacant accommodation, and refinance onto a term loan facility.

WR Capital arranged an £8M bridging loan, equating to c. 65% loan-to-value, on a 9-month loan term, with a leading UK debt fund.