LTV
Interest range*
Residual debt per sq ft**
65%
5.09% - 5.90%
£0
70%
5.87% - 6.63%
£12 - £21
75%
6.55% - 7.26%
£39 - £49
80%
7.15% - 7.81%
£66 - £77
85%
7.67% - 8.29%
£100 - £120
0845 210 5000
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| London Office Investment Opportunity £30m | ||||||
| Up to 85% funding available | ||||||
| Subject to contract | ||||||
| The Asset | The Finance | |||||
| Price | £30 million | LTV | Up to 85% | |||
| Net initial yield | 10.4% | Term | 3 - 7 years | |||
| Location | City of London | |||||
| Accommodation | c.100,000 sq ft | |||||
| Type | Freehold office | |||||
| Lease | 7+ years unexpired | |||||
| Covenant | Blue Chip | |||||
| Interior | Modern | Funding Terms | ||||
| Further development and/or change of use opportunities | LTV |
Interest range* |
Residual debt per sq ft**
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65%
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5.09% - 5.90% |
£0 |
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70% |
5.87% - 6.63% |
£12 - £21 |
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75%
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6.55% - 7.26% |
£39 - £49 |
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80% |
7.15% - 7.81% |
£66 - £77 |
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85% |
7.67% - 8.29% |
£100 - £120 |
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| * Based on 3 to 7 year terms and on market rates as at 28.04.09 | ||||||
| ** Residual debt at lease term assuming full cash sweep (tax ignored) | ||||||
| For further details contact Tim Mycock on 0845 210 5000 |
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| or by email at tim@redchilli.com | ||||||
| Whatever your property project - investment, development, UK or Europe think Red Chilli Structured Finance www.redchilli.com | |
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| Red Chilli Structured Finance, Minories House, 2-5 Minories, London EC3N 1BJ | ||||||
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