Testimonials

  • "CBL are able to give quality independent advice to anyone planning to purchase a commercial property or business, either leasehold or freehold. We prepare a Financial & Business Proposal for presentation purposes in a format that... we know the lender wants to see it " packaged " Mr & Mrs C, Ilfracombe
  • "We really didn’t believe you could possibly achieve the funding we needed to purchase the hotel given our circumstances, thank you so much for all your hard work" Mr & Mrs M, Manchester
  • " .........With enormous thanks for your expertise in raising an excellent deal for us...." Mr & Mrs S, Salisbury
 
Case Studies

Holiday Cottage Complex 1, Cornwall Purchase Price £1,350,000

  • Our client had funds of £400,000+ after the sale of his home
  • He required funding of £950,000
  • There was additional outside income
  • There was a need for extra capital repayments without penalty
  • This was the clients first business

We Achieved

  • A facility of £950,000
  • Interest only available for the first year
  • A rate of just Bank Base + 1.3%
  • The ability to pay off capital chunks without any penalty

Refinance of Public House, Somerset  Value £500,000

  • Our client was unhappy with his current bank rate after 3 years of trading
  • He wanted to pay off his current borrowings of £280,000
  • Additionally he wanted to raise £50,000 available to purchase a house
  • His current bank was charging bank base rate + 1.25%

We Achieved

  • We obtained a commercial Mortgage of £280,000
  • A facility to drawdown a further £50,000 within 12 months
  • Both facilities at just 1.25% over bank base rate
  • This saved the client over £2,800 per year!!

Upmarket Wine Bar, Essex Leasehold premises Purchase Price £500,000

  • Our client had funds of £290,000
  • The client had no security to offer but required £210,000
  • He was an experienced licenced trade operator

We Achieved

  • A facility of £210,000 with a High Street Bank
  • Security by way of the Small Firms Loan Gaurantee Scheme
  • A rate of just 2% above Bank Base rate

Holiday Cottage Complex 2, Cornwall Purchase Price £1,200,000

  • Our client required 100% funding as he had not sold his house
  • This was his first business
  • There was additional outside income
  • He had sufficient cash for stamp duty, solicitors fees, etc

We Achieved

  • Full funding of £1,200,000
  • A Commercial Mortgage of £1,025,000
  • Bridging Finance on his home of £175,000
  • Both loans were at only Bank Base + 1.485%
  • Interest only payments were available for the first year

Wilts Hotel Purchase Price £1,020,000

  • Our client approached us to arrange funding for the purchase of the Hotel at £1,020,000
  • A cash deposit of £200,000 was available, the client required funding of £820,000
  • Accounts showed an average profit of around £90,000 over the past 5 yrs.
  • This was the clients first venture into the Hotel trade.
  • There was also additional outside income of £55,000.

We Achieved

  • Advance £750,000
  • Loan Term 25 years
  • First 12 months interest only paid quarterly in arrears, improving cashflow.
  • Interest Rate Bank Base +1.75%
  • Vendor Loan £70,000 paid over 5 years.

Filling Station & Convenience Store,DevonPurchase Price £500,000

  • Our client had been let down by another Broker who was unable to get 73% LTV
  • A cash deposit of £100,000 was available
  • Accounts showed a high wage bill and small profit
  • This was the clients first venture in petrol reatiling

We Achieved

  • Advance of £350,000 plus £15,000 top up loan (73%LTV)
  • Loan Term 25 years
  • First 12 months interest only paid quarterly in arrears, improving cashflow
  • Interest Rate Bank Base +1.98%
  • Vendor Loan of £60,000 to cover shortfall, stamp duty, stock and working capital
  • Credit card facility for £7,500

Freehold Public House, Wilts Purchase Price £420,000

  • Our client had been £80,000 cash and thought they could only buy a leasehold pub
  • They were experienced Publicans
  • Accounts showed net profits of around £55,000

We Achieved

  • Advance of £365,000 this included corporate guarantee by brewery (87% LTV)
  • Loan Term 20 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.5%

Freehold Public House/Hotel, Purchase Price £265,000

  • Our client had been £40,000 cash and thought they could only buy a leasehold pub
  • They were experienced Publicans
  • Accounts showed net profits of around £50,000

We Achieved

  • Advance of £228,236,000 this included corporate guarantee by brewery (89.5% LTV)
  • Loan Term 20 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.5%

Devon Hotel Purchase Price £895,000

  • Parents & Son wished to purchase the Hotel at £895,000 with no cash available
  • Parents house was valued at £500,000 with a mortgage of £40,000
  • Accounts showed profits around £85,000
  • This was the clients first business

We Achieved

  • Advance of £999,000 this incl funds for fees, stamp duty, working capital and paying off mortgage
  • Loan Term 25 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.5%
  • No penalties for paying back capital after house sale

Mixed Holiday Park, Purchase Price £1,050,000

  • Client had £260,000 cash, plus house to sell
  • New to the Holiday Park sector
  • Accounts showed profits around £80,000

We Achieved

  • Advance of £840,000
  • Loan Term 20 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.25%
  • No penalties for paying back any capital after house sale

HolidayCottage Complex 3, Purchase Price £1,350,000

  • Client had £500,000 after selling his house
  • First business
  • Accounts showed profits around £50,000
  • Client had outside income of £115,000

We Achieved

  • Advance of £900,000
  • Loan Term 25 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.3%
  • £50,000 overdraft facility to carry out capital works

HolidayCottage Complex 4, Purchase Price £675,000

  • Client had £230,000 after selling his house
  • First business
  • Only historic accounting information has no income for 2 years
  • projection led based on historic financials

We Achieved

  • Advance of £500,000
  • Loan Term 25 years
  • First 12 months interest only
  • Interest Rate Bank Base +2.2% on £250,000
  • Interest Rate 6.8% fixed for 2 years on £250,000

Mixed Holiday Park, Purchase Price £1,000,000

  • Client had £50,000 cash, plus house to sell
  • Additional security of £150,000 made available
  • New to the Holiday Park sector
  • Accounts showed profits around £85,000

We Achieved

  • Advance of £1,000,000
  • Loan Term 20 years
  • First 12 months interest only
  • Interest Rate Bank Base +1.5%
  • No penalties for paying back any capital after house sale

Bristol Hotel Purchase Price£1,160,000

  • Client had £220,000 cash after the sale of his house
  • He required £960,000 to cover solicitors fee, stamp dutye etc
  • New to the Hotel sector
  • This is an 82.75% loan to value

We Achieved

  • Advance of £960,000
  • Loan split into two loans
  • One loan 25 years of £840,00 another 10 years of £120,000
  • Interest Rate Bank Base +1.5% on long term debt and +2% on short term debt
  • Interest only available for the first 12 months
  • A truly exceptional case

Pub Company, Refinance of £850,000

  • Client had been operating 9 leasehold pubs for 10 years and wanted to expand to 15 pubs
  • They had been totally brewey funded and could not find any lender to support them due to lack of security
  • They required £650,000 to pay off Brewery loan
  • They needed a further £200,000 facility to expand the business

We Achieved

  • Three loans meeting their requirement of £850,000
  • Some secured on property the remainder by way of charge over the leases
  • The secured debt was at +2.5% unsecured +3.5%
  • This immediately allowed the client to negotiate new terms with the brewery making £52,000 extra profit immediately
  • This shows the importance of using a good broker

Refinance & Purchase of Post Offices/Stores £800,000

  • Client had been operating a Post Office/Stores for 3 years
  • He found his current lenders inflexible and unablle to assist in a refinance and further acquisition
  • Wanted to acquire another village PO and Stores which had recently closed
  • Required total funding of £800,000 to allow refinance, purchase and development of closed business

We Achieved

  • £800,000 split into 2 loans
  • The client wanted to have some fixed rate funds so £500,000 at 7.19%
  • The other £300,000 was at bank base rate +2%
  • Both loans over 25 years
  • Interest only for 12 months
  • Full 80% loan to value

Large Somerset Pub,  Purchase of Leasehold £195,000

  • Client had never operated a pub before
  • They had £25,000 to cover rent and ingoing costs
  • Required full funding of £195,000
  • The client had £96,000 of usable equity in their house
  • 8 years remaining on a free of tie lease

We Achieved

  • Full funding of £195,000
  • Funding at +2% over bank base rate over an 8 year term to tie in with lease
  • secured on the clients house and a charge against the lease
  • Interest only for 12 months

Village Inn, Purchase of Leasehold £265,000

  • Client had never operated a pub before
  • They had no cash available
  • Required full funding of £285,000
  • The client had £215,000 of usable equity in their house
  • Free of tie lease

We Achieved

  • Full funding of £285,000 the extra £20,000 to cover costs
  • Funding at +2% over bank base rate
  • secured on the clients house and charge against the lease
  • Interest only for 12 months