Slough £5.5m

Refurbishment

Gross Loan

£5,567,581

Loan Type

Refurbishment

Term

18 Months

LTGDV/LTV

61.3%

Annual Rate

6.5%

Monthly Rate

0.542%

The detached 4-storey office building has been granted planning, under permitted development rights, for a mix of studios and 1-bedroom units. The site is located in Slough, a major commercial centre within the Thames Valley area of the south east of England. It is located 24 miles to the West of London and 10 miles to the west of Heathrow. Moreover, the property is approximately half a mile from the pedestrianized shopping area and less than a quarter mile from the railway station, providing a 28-minute commute into London Paddington. With accessibility to a collection of amenities, the properties are likely to attract young professionals.

“Working with Avamore was a blissfully simple process. It was easy to get into contact with decision makers and the team were always well-versed on the progress of my deal. They are certainly a trusted lender and I would highly recommend them. “

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