The Scenario

A comprehensive multi-property bridging loan has been successfully arranged to support the acquisition of an intriguing semi-commercial property that seamlessly combines both residential and commercial elements. The total loan amount secured for this transaction was £568,000, enabling the purchase of this dynamic mixed-use development. This property stands out with its commercial retail space situated on the ground floor, while several well-designed residential units occupy the upper levels.

The borrower, seeking to capitalise on the potential of this promising investment, opted for a bridging loan to quickly purchase the properties. One of the key highlights is that the ground floor commercial space is currently leased to a retail business under a short-term lease. This arrangement not only enhances the immediate value of the property but also opens up various business opportunities for the future, allowing for increased flexibility and potential for revenue growth. This strategic investment is positioned well within a vibrant community, making it an attractive option for both current and prospective tenants.