Transforming a local treasure
We provided finance for the sympathetic conversion of a much-loved former 19th century Co-op store in Stockport.
We provided a senior finance development facility to a local property developer based in Greater Manchester.
We assisted our client in converting a characterful double-fronted stone building from the 1800s into modern apartments. Retention of the previously vacant building’s sandstone features made the finished apartments an attractive proposition and ensured the heritage of the building remained intact.
Gross Loan
£1M
Term
20 Months
LTV
64%
Units Created
7
Exit Method
Refinance
“Our client showed a lot of vision and passion to breathe new life into this local landmark and we were very happy to support it. The conversion required careful planning and our team were there every step of the way.”
- Graham Emmett, Joint Chief Executive Officer
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