053CF
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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£135,000 7.5% 35.5% 5 months
Assigned
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Additional Info

DRAWDOWN DATE : 21/05/2014
REDEMPTION DATE : 20/11/2014
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 5 months
CURRENT PROPERTY VALUE: £380,000
SECURITY : 1st charge
PROPERTY TYPE : Commercial
TENURE: Freehold

The subject property comprises a ground floor office / shop unit together with lower ground floor / basement accommodation. The property forms part of a larger three storey building which is of traditional solid brick construction under a pitched slate roof.

Located mid terrace in a block of property between Finsbury Park Road and Wilberforce Road in the London Borough of Hackney. The terrace is predominantly occupied by commercial traders on the ground floor, with residential above, that are largely local traders serving the surrounding densely populated residential community.

The area is within a short walking distance of the shops and facilities located on Blackstock Road, Fainsbury Park and Arsenal London Underground stations.