The client sought to raise capital against a mixed‑use property comprising a coffee shop and hairdressers on the ground floor, with a flat on the first floor. The client operated the coffee shop himself and had one year of trading accounts available.
The purpose of the capital raise was to provide a deposit for the purchase of a holiday let abroad and to complete works to the rear garden of the property.
Challenges
- No formal leases in place for third‑party tenants
- Only one year of trading history for the coffee shop
- Complexity associated with mixed‑use security
Solution & Outcome
A full loan facility was successfully secured, meeting the client’s required borrowing amount and terms.
Following completion, the client returned the following month for funding assistance on a further property purchase.
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