A bridge facility to support a site acquisition in Eastbourne
A bridge to assist with the purchase of a fully let office building with potential for residential conversion



Working with an experienced returning developer, we provided an 18-month serviced bridge facility to acquire an office building in Eastbourne, while they secure planning consent for the conversion of the property into 66 residential units.
Gross Loan
£1.95m
Term
18 Months
LTV
65%
Units Created
66
Exit Method
Development loan
"We are pleased to be working with this experienced borrower on a third project. This bridge plays a valuable role in site acquisition, and provides sufficient time within the development lifecycle to deliver this fantastic residential scheme in Eastbourne."
- Oscar Appleby, Asset Manager

Do you have projects to discuss? Learn more about our Bridging Solutions
Explore Solutions