London Office Investment Opportunity £30m

Up to 85% funding available

Subject to contract

The Asset

• Price: £30 million
• Net initial yield: 10.4%
• Location: City of London
• Accommodation: c.100,000 sq ft
• Type: Freehold office
• Lease: 7+ years unexpired
• Covenant: Blue Chip
• Interior: Modern
• Further development and/or change of use opportunities

The Finance

• LTV Up to 85%
• Term 3 - 7 years

Funding Terms

LTV / Interest range* / Residual debt per sq ft**
65% / 5.09% - 5.90% / £0
70% / 5.87% - 6.63% / £12 - £21
75% / 6.55% - 7.26% / £39 - £49
80% / 7.15% - 7.81% / £66 - £77
85% / 7.67% - 8.29% / £100 - £120

* Based on 3 to 7 year terms and on market rates as at 28.04.09
** Residual debt at lease term assuming full cash sweep
(tax ignored)

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For further details contact Tim Mycock on 0845 210 5000
or by email at tim@redchilli.com
Whatever your property project - investment, development, UK or Europe think Red Chilli Structured Finance
http://www.redchilli.com/

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