RESIDENTIAL DEVELOPMENT

1 apartment and 1 retail premises in Covent Garden, London


Gross Development Value*:

LOAN: 

£800,000

£543,000


Voltaire Financial was approached by an existing client to provide finance for the acquisition and conversion of a freehold commercial building in the heart of Covent Garden. The retail premises were purchased with planning permission to convert the first floor level into a self-contained flat and the client subsequently received planning permission to convert the ground floor and basement into a duplex apartment. Voltaire Financial arranged the facility with one if its closest lending relationships.

* before planning was received for the duplex apartment

1 apartment and 1 retail premises in Covent Garden, London