Location: Covent Garden, London

Sector: Commercial

Loan Type: Bridge

Loan Size: £2.10mn

Loan Status: 12-month loan term (Repaid)

Property Information: 3,500 sq.f. Grade II* listed office with planning consent for a single 4,500 sq.ft. house

 

“Broadwood immediately saw the value in the planning consent and the developer’s vision to create a stunning single residential property. The Grade II* listing and conversion of an older building poses significant challenges which put off many lenders we approached. Having worked with Broadwood’s senior team in the past I was aware of their detailed knowledge and experience in Prime Central London residential development. They quickly understood the challenges, added value to developers’ business plan and took a very pragmatic approach to ensure the funding was in place.”

— Spokesperson for the HNW Developer

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Preston I Later Living I £2.90mn loan size I Bridge

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Cardiff I Commercial I £6.7mn loan size I Stabilisation