You are here: Commercial Mortgages > Hotel and Holiday Lets

Hotel and Holiday Lets

Updated: 14th February 2007 (PM)

For: Purchase Country House Hotel plus a number of bungalows in the grounds.
Location: Cumbria
Amount: £1,000,000

The existing site was not being utilised to its full potential. Our client's plans included provision of conference facilities, wedding venue as well as more actively marketing the site as a holiday location.

A 15 year repayment facility was agreed at bank base plus margin 2%.