Name of case study: 2537 - Hatton Garden, London
Gross rate: 12.00%
Term: 6 months
LTV: 69.97%
Loan amount: £1,354,000 
Type of property: Commercial
Security: 1st charge

The client is borrowing £1.35m on a first charge commercial loan against a freehold property, with a loan to value of 69.97%. The site is regarded as a family-owned jeweller located in the luxurious Hatton Garden commercial zone.

The property comprises a six storey mid-terraced building arranged with different commercial entities including retail, office and workshop space. 

The property is located in one of England’s most famous locations for jewellery shopping. A busy area of London with a large footfall, the property is conveniently located within walking distance of a wide selection of amenities that includes shops and high-end restaurants and within close proximity of Farringdon, Barbican and Chancery Lane tube stations.