Cambridgeshire
Development
- Loan
- £3,600,000
- LTGDV
- 45%
- Product:
- Development Finance
- Borrower Type:
- Real estate private equity firm
We successfully arranged a £3.6 million commercial refurbishment facility with a specialist lender to support the redevelopment of a commercial site within the Cambridge innovation corridor.
The funding facility will enable the refurbishment and repositioning of an existing commercial asset into high-specification office and Med-Tech accommodation, targeting the continued demand for innovation-led workspace across the South Cambridgeshire market.
The scheme comprises the redevelopment of an existing office and light-industrial building into approximately 20,000 sq ft of modern office and Med-Tech accommodation, designed to meet institutional-grade ESG and occupier requirements. Future planned improvements include over-cladding works, upgraded thermal performance, fully electric services infrastructure and a target BREEAM “Excellent” rating.
