Vacant commercial building with PD rights for office-to-resi conversion.

Asset Type Vacant commercial building with PD rights for office-to-resi conversion
Purpose Acquisition finance
Loan Amount £2,860,000 (65% LTV)
Freehold Value £4,400,000
Loan Term 12 months
Security Type 1st Charge
Interest Rate 12% p.a. (serviced monthly)
Exit Development finance