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Hotel & Restaurant Finance - £250,000

We have arranged Commercial Mortgage facilities for many clients and purposes. The following is an example of the facilities we have arranged for our clients.

For: Hotel & Restaurant in a busy Market Town

Location: North Wales

The client was seeking funds to extend the Restaurant where demand was very strong.

Existing bankers were not being overly helpful; there had been a recent change in Manager and the new incumbent seemed cautious.

  • Sterling arranged a mortgage of £250,000 to repay existing borrowings and cover the extension costs.
  • A 15-year repayment facility was agreed at bank base rate plus margin 2%.

Complete a contact form or call 0115 9849800 to find out how our experts can help you to secure the commercial mortgage or other property finance you need.

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