 Mortgages
on Industrial Units
Industrial units can be a key part of any
business, providing secure storage
facilities, office space or warehousing.
Sterling Knight are experts when it comes to
securing a mortgage on an industrial unit.
So no matter what stage you are at,
Looking, tendering, or even building why not
speak to us to see what we can do for you
when it comes to obtaining funds for either
expansion or new builds.
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Case Study: Warehouses -
Watford
property type: Applicant
operated a security business from
office and warehouse premise in
Watford
case details: Two properties
were provided as security at a value
of £1.9m. The company had recently
restructured after losing two key
government contracts. This forced
redundancies and one off costs which
translated into trading losses.
Result
The customer was able to get an
advance £900,000.
In addition the first 6 months
payments were deducted, in
order for the applicant to enjoy a
repayment holiday while it delivered
the restructuring of its business.
Projections and future order book
supported the future viability of a
restructured business.
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