Cost-Effective Commercial Mortgage for Retail Store

Cost-Effective Commercial Mortgage for Retail Store

Area
London
Capital Raised
£840k

The Scenario

Our client, a successful family-owned furniture retailer, had been operating from a leased showroom in a prime location for the past decade. As their business grew, they realised that purchasing their own commercial property would be a more cost-effective long-term solution and provide them with a valuable asset for the future.

The owners found an ideal property - a spacious 10,000 sq ft retail unit in a busy shopping district. The asking price was £1.2 million. They didn't have enough capital to purchase the property outright, so needed to secure an owner-occupied commercial mortgage, but were unsure about the process and concerned about how it might affect their business's cash flow.

The Solution

After researching their options, the business owners decided to consult with Clifton Private Finance for expert advice on commercial mortgages.

Here's how we helped:

  • We conducted a thorough assessment of the company’s financial situation, including their business credit score, income, business accounts, and existing assets/liabilities.
  • With access to hundreds of lenders, including high street banks, challenger banks, and private lenders, we identified the most suitable mortgage products for their specific needs.
  • We negotiated with lenders to secure a competitive interest rate significantly lower than what had been offered when approaching banks directly.
  • We also advised on the optimal deposit amount, and they were able to put down a 30% deposit which helped secure better terms on their mortgage.
  • We guided the clients through the application process, helping them prepare all necessary documentation and liaising with the chosen lender on their behalf.
  • Thanks to our expertise and established relationships with lenders, we were able to streamline the application process. From initial inquiry to mortgage offer, the process took just 6 weeks.

The outcome was highly positive for the business: they successfully secured a commercial mortgage for £840,000, allowing them to purchase their ideal retail property.

Simon Mullins

Finance Broker CeMAP

Cardiff

0117 959 5094

Are you looking for a similar type of property finance?

As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you.

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Paige Dumpleton

Finance Broker CeMAP

Cardiff

0117 959 5094

Are you looking for a similar type of property finance?

As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you.

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Jonathan Moffatt

Head of Business Finance

Cardiff

0203 880 8890

Do you need help sourcing your own business finance?

I have extensive experience securing finance for a wide range of businesses. Book a free telephone consultation with me at a time to suit you. 

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Alex Morris

Private Client Adviser

Bristol

0117 332 5061

Do you need help sourcing your own property finance?

I have extensive experience securing UK mortgages for clients. Book a free telephone consultation with me at a time to suit you.

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Scott Dutfield

Finance Broker

Cardiff

0117 959 5094

Are you looking for a similar type of property finance?

As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you

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Carly Cheeseman

Head of International

Bristol

0117 457 9922

Do you need help sourcing your own property finance?

I have extensive experience securing UK mortgages for clients. Book a free telephone consultation with me at a time to suit you.

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Nick Kerley

Finance Broker

Cardiff

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Louis Levine

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Sam Baker

Finance Broker

Cardiff

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As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you.

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Fergus Allen

Senior Finance Broker

Cardiff

0117 959 5094

Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.

Book a free telephone consultation with me at a time to suit you.

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Jacob Phipps

Finance Broker

Bristol

(+44) 0117 959 5094

Are you looking for a similar type of property finance?

I specialize in helping international clients source residential and investment property finance for UK property. Book a free telephone consultation with me at a time to suit you.

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Jack Spillane

Finance Broker

Bristol

0117 959 5094

Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need. customDatabaseField-8455

Mathew Phillips

Senior Finance Broker

Bristol

0117 959 5094

Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.

Book a free telephone consultation with me at a time to suit you.

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Alex Chambers

Senior Private Client Adviser

Bristol

0117 403 4324

Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.

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Luther Yeates

Senior Finance Broker

Bristol

0117 244 5561

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Sam ONeill

Senior Finance Broker

Bristol

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I am a bridging finance specialist at Clifton Private Finance. I can find a quick, cost-effective solution for the funding you're looking for. Book a free telephone consultation with me at a time to suit you.

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