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Financial Services 
Financial Services
Financial Services
The client was an experienced investor who had recently agreed to purchase the virtual freehold interest on a commercial building in East Sussex, let to a major UK supermarket chain on a new 15-year lease at a price of £1,320,000 with initial rent of £70,000.
They also owned a building near Old Street valued at £750,000 with no outstanding debt, and were looking to raise as much of the purchase price as possible.
A total of £1,300,000 was raised on two separate mortgages to enable the client to complete the purchase.
Disclaimer: This information is general in nature and does not constitute legal, tax or investment advice.
SG Financial Services is the trading name of Simmons Gainsford Financial Services Limited an appointed representative of Vintage Wealth Management Limited which is authorised and regulated by the Financial Conduct Authority under FCA number 593380. Based in London’s West End, the company offers a wide ranging service to clients in both the individual and corporate markets.