Crawley, West Sussex
Case Studies
Location: Crawley, West Sussex
Asset Class: Detached Office
Loan Type: 5 Year Term Loan
Loan Size: £4M
Year: 2023
space
Detached town centre office building comprising c. 38,000 sq. ft. of B1 accommodation let to a single tenant, with potential for redevelopment on lease expiry.
The client was acquiring the property with a view to holding for the medium to long term. The client’s offshore ownership structure added complexity to the transaction. WR Capital arranged a £4M 5-year term loan facility with an overseas bank, to meet the client’s requirements.