Reim Capital Case Study: Conversion of dis-used public house
Updated: Jun 13, 2022
Client: Property Developer
Reason for loan: The client was looking to convert a dis-used public house into ten, 1-bed apartments.
Location Derbyshire
LTV: 65%
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The client had purchased a derelict public house where they achieved planning permission for the conversion of the house into ten, 1-bed apartments.
Reim Capital were happy to provide the funding for the conversion of the property as the site was previously owned unencumbered, giving the client time to complete their project.
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With experience across property development, private banking and credit, we are well-disposed to understand and answer our clients’ needs.
Do you have any questions or queries that we can help with? Reach out to a member of our team at info@reimcapital.com