Commercial Mortgages:
We help businesses buy premises
Are you considering purchasing a workspace, retail outlet, or office for your business? Speak to us today about a commercial mortgage.
We secure commercial mortgages (often referred to as business mortgages) for companies and individuals looking to purchase property or land (for commercial purposes). Alternatively, if you already own a business premises, we can discuss options for releasing equity through a commercial remortgage.
Whether you are looking for an owner occupier mortgage to purchase property from which to operate your business or a commercial investment mortgage to buy property to sublet, we will secure the most suitable commercial mortgage tailored to your business’s circumstances.
Contact us today for a freeNo obligation consultation
If you are looking to buy
- Commercial property
- Semi-commercial property
- Land to develop into property
- Buy to Let property
Our commercial mortgage advisor, Warren Pesch, will explain the various options available. Our process starts with a free, no obligation consultation.
Call the Office | 0208 798 2726
Call / WhatsApp Commerical Mortgage advisor Warren Pesch direct | 07971 575226
or fill in the form to send us a message to get in touch
Commercial Mortgage Case Studies
Purchase of Industrial Unit
Our London-based client was renting an industrial unit when they approached us about owning a freehold commercial property. At the time, the business paid £150k per year in rent. Their unit was available to buy, and they had agreed to a purchase amount of £2.2 million. The client had raised a 30% deposit, and Mortgage Lolly secured a commercial mortgage for £1.54 million. The commercial mortgage repayment cost of £10k per month was £2.5k less than the previous monthly rent.
Purchase of a Business Centre
We secured a £1.8 million commercial mortgage over ten years for another London-based client with a 10% capital reduction over the term at 2.7% above base. The client financed a business centre where the borrower wanted to invest funds in a separate property development.
Purchase of Holiday Park
Mortgage Lolly helped an experienced businessman who wanted to diversify and purchase a holiday and caravan park in Somerset. We arranged a mortgage of £605,000 at 3.2% above base over 20 years.
Purchase of Retail Showroom
We successfully helped a London-based bathroom and plumbing business that owned a showroom and rented the property next door. When the property came up for sale, we combined the two properties to raise the full asking price of £950k. We structured the loan so that the borrowing costs beat the rental payments, improving the business’s cash flow.
If you are considering purchasing a commercial property and want to discuss your options and how we can help, contact us today. For commercial property see Right Move
Your business property may be repossessed if you do not keep up repayments on your commercial mortgage.
