Mortgages for pubs, restaurants, take-aways and other leisure premises.
Commercial mortgages for the leisure sector covers a number of business premises purchases including hotels, guest houses, public houses, nightclubs, golf clubs, restaurants and many more.
Borrowers wishing to purchase a leisure premises can expect to pay Bank Base Rate + 1.5% to 2.5%. The maximum value of loans for leisure premises range between 75% and 85% of the property's value and the maximum term tends to be 30 years.
To achieve more favourable lending rates the following points are essential:
- Experience in your chosen sector
- A detailed business plan
- A realistic financial forecast for the business
It is important to consider that some parts of the leisure sector are viewed by many financial institutions as high risk lending opportunities, which can limit lending options.
Our Commercial Mortgage Team are very experienced in arranging leisure based commercial mortgages. We have arranged mortgages for everything from small bistros to large nightclubs. You can rest assured that we will negotiate competitive funding based on your business plan.
If you are interested in obtaining a quote for a mortgage on a pub, restaurant, take away or other leisure premises, please call our Commercial Mortgage team on:
0845 257 2492
Or apply online now for a no obligation quote.
Get your fast, no obligation, mortgage, remortgage or loan quote now.
We can arrange commercial mortgages for up to 85% of the property value irrespective of past credit problems or the accounts you have available.
- Mortgages for pubs, restaurants and take-aways
- Mortgages for farms and agricultural businesses
- Mortgages for retail shops
- Mortgages for hotels, guest houses, and B&Bs
- Mortgages for industrial and warehouse units
- Mortgages for offices
- Commercial mortgages for professional premises
- Commercial mortgages for care homes
- Semi Commercial Mortgages
