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Commercial Property Acquisition

The property is in Croydon, south London, and consists of offices, retail units and a 149 bed Travelodge. There is plenty of attraction to the property due to its high development potential.
The loan has a term of 12 months, with the exit plan being to refinance onto a term commercial loan.

Loan Size: £14,000,000

LTV: 75%

Charge type: First Legal Charge

Term: 12 months

Location: Croydon