Hotel funding

Looking for a UK Commercial Mortgage to buy a Hotel?

pic

Hotel funding is a specialist area of finance arranged by Sterling Capital Reserve Ltd.  We are a long established and well-respected Commercial Finance Brokerage regulated by the Financial Conduct Authority

Our specialist Commercial Finance Brokers have extensive experience in arranging loans, mortgages and bridging loans in respect of all manner of Hotel and Licensed premises.

We can arrange finance for new purchases or refinances on Freehold Premises.

Key points for Hotel funding are as follows: -

  • Up to 70% of the “Going Concern” value of the business or up to 70% of the Bricks and Mortar only valuation. All subject to meeting the Lenders serviceability criteria.
  • Competitive interest rates and arrangement fees.
  • We have access to a wide choice of lenders to secure the best deal for you.
  • Flexible repayment terms up to 25 years.
  • Very easy application – just click the enquiry form and leave the rest to us
  • No up front fees!

We look forward to discussing your proposition with you.

Please call us on 0844 4144 383 or complete our enquiry form.

Case Study: Sterling helps raise funding for Partner Buy-Out for the Plough and Harrow Hotel

Plough and Harrow

For Robert Smith, the Plough and Harrow Hotel in Birmingham was something that he could not bear to part with; however, the other two partners in the Company which owned the hotel, were wanting to retire, which put Robert under pressure to find the funds to buy the pair out!

The Plough and Harrow Hotel dates back to the 1700’s when it was originally used as a Wayside Inn, and since its purchase in 2010, the property has been transitioning through sympathetic renovation – all in keeping with its original country house style, but now able to offer 45 comfortable and spacious en-suite rooms, 6 meeting rooms of varying sizes and a spacious function room.

With its’ city centre position - just 10 minutes’ walk from Birmingham’s Broad Street, it is a prime location for Overseas Visitors, Corporate Functions, Weddings and Themed City Breaks.

So, in a bid to solely retain the business, Robert started an urgent search for suitable funding and approached Andrew Hunt at Sterling Capital Reserve. Andrew was able to assist Robert with the “Buy-Out”, by sourcing 90% of the required funding, against the Hotel premises with a normal commercial terms loan.

Delighted with the results, Robert can now forge ahead with further development of his Hotel business – he said “Sterling Capital Reserve quickly proved themselves to be extremely knowledgeable and provided excellent guidance and advice from the moment we first met until the deal was concluded. I hope to be doing business with them again soon and would recommend their services to anyone looking to raise finance”.

10 Reasons to use us to source your Hotel Funding
SCR Office
© 2016 Sterling Capital Reserve Ltd

Sterling Capital Reserve Limited is a Broker not a Lender.
Sterling Capital Reserve Limited is authorised and regulated by the Financial Conduct Authority.
Sterling Capital Reserve Limited is entered on the FCA Register https://register.fca.org.uk under reference 733615.
The guidance and/or advice contained in this website are subject to the UK regulatory regime and are therefore targeted at consumers based in the UK.
Sterling Capital Reserve Limited is registered in England and Wales No. 3853461.
Sterling Capital Reserve Limited is registered for VAT No. 737604523.

Head Office
Sterling House, 5 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham NG12 4DG
Tel: 0115 984 9800 Fax: 0115 921 5550 - Map and Directions to our Head Office

ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.

NACFB