111688 - £241,000 commercial bridge loan for a pub and restaurant in South Hykeham, Lincoln

TAB provided a £241,000 bridging loan for 24 months, secured against a detached public house and restaurant with residential flats in South Hykeham, Lincoln, with an LTV of 64.78%.

The property is a modern, purpose-built venue comprising a bar and restaurant with seating for approximately 190 guests, a catering kitchen, a children’s play area, and three self-contained flats above. The site forms part of a wider portfolio of 12 trading pubs.

TAB worked closely with the borrower to support the acquisition of the business. Our sales and underwriting teams collaborated throughout the process to ensure the loan aligned with the borrower’s plans and could be delivered within their required timeframe.

The borrower intends to refinance the portfolio with a specialist lender once key trading targets are met.

This case highlights how TAB can support business acquisitions by delivering commercial bridging finance with speed and flexibility.