INVESTMENT FOLKUS: Property Development in Scotland
24 Sep, 2020
Our latest Investment FOLKUS is on an extensive Scottish estate seeking funds to refinance an existing loan and to fund infrastructure costs for 66 individual self-build plots prior to sale. 18 months’ interest cover held.
INTEREST RATE
6.5% p.a.
LOCATION
Scotland
LTV
Max. 60% (Open Market Value)
TERM
4 years maximum
SECURITY
- Listed house comprising 11 suites trading as wedding/hotel establishment
- Castle dated 1120 with associated grounds
- 19-hole golf-course, pro shop, member/non-member facilities, the Glass House restaurant, stable block, adjoining cottages, engine shed.
- Parkland categorised as a ‘design landscape of historic and architectural importance’
- Two development sites with outline planning consent for 66 residential units
- Farmhouse with 10 acres
Next steps:
To express your interest in this investment go here and click on the loan
