
Refinance
Refinance of London mixed use block
loan amount £3,800,000
gearing 45% LTV
structure Refinance
asset class Mixed-Use
This mixed-use block in Watford comprised banking and retail units, while the second-floor offices were converted to residential under permitted development. On behalf of a property investment company, the remaining commercial units, along with 16 new flats and accompanying parking, were refinanced onto a term loan.