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| Greater London - Retail Warehouse | ||||||
| Up to 75% funding available | ||||||
| Subject to contract | ||||||
| The Asset | The Finance | |||||
| Price | £9 million | LTV | Up to 75% | |||
| Net initial yield | 8.07% | Term | 3 - 5 years | |||
| Location | Greater London | |||||
| Accommodation | c.36,000 sq ft | |||||
| Type | Retail warehouse | |||||
| Lease | 15 years unexpired | |||||
| Tenant | Wickes | |||||
| Funding Terms | ||||||
| Further development and/or change of use opportunities | LTV |
Interest range* |
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60%
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4.96% - 5.63% |
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65% |
5.82% - 7.03% |
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70%
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6.55% - 7.68% |
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75% |
7.18% - 8.24% |
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| * Based on 3 to 5 year terms and on market rates as at 18.05.09 | ||||||
| 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 | ||||||
| Red Chilli Structured Finance, Minories House, 2-5 Minories, London EC3N 1BJ | ||||||
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