£2.3 Million Commercial Bridging Loan for Mixed-Use Property Acquisition

• Loan Type: Commercial Bridging Loan
• Loan Amount: £2,300,000
• LTV: 70%
• Term: 12 months
• Security: Mixed-use commercial property
• Location: Manchester, UK

The Challenge

A business investor approached Global Bridging Finance seeking fast capital to acquire a mixed-use property in a prime Manchester location. The opportunity required completion within a tight timeframe, as the vendor was relocating and traditional lenders could not meet the deadline.

The property included retail units on the ground floor and residential flats above, adding complexity to the valuation and underwriting process. The client also wished to reserve working capital for planned renovations, making a flexible short-term loan essential.

The Solution

Global Bridging Finance arranged a commercial bridging loan at 70% LTV, structured on an interest-only basis to provide immediate liquidity while maintaining financial flexibility. By leveraging relationships with specialist lenders experienced in mixed-use properties, we secured approval quickly and coordinated valuations and legal documentation in parallel to minimise delays.

The loan allowed the client to complete the purchase on schedule, while retaining funds to invest in refurbishment and reposition the property for long-term rental income.

The Outcome

The £2.3 million bridging loan was completed within four weeks, enabling the client to acquire the property, initiate renovations promptly, and secure tenants for both commercial and residential units.

This case demonstrates Global Bridging Finance’s expertise in commercial bridging, particularly for mixed-use properties requiring fast completion and strategic structuring. Our approach ensured a smooth process despite the complexities of multiple income streams and tight deadlines.