Development: The development entails the construction of 46 apartments comprising 43 two-bedroom units and 3 three-bedroom duplexes. Each unit will benefit from a private balcony and a single parking space, whilst all but three of the units will have at least one ensuite. With a communal garden area and cycle storage spaces, there will also be two lifts providing access to all floors. The development will also provide a ground floor commercial unit which will comprise predominantly open plan retail accommodation with its frontage onto the main Road. The developer aims to adhere to a medium to high specification for the build.
Developer: An experienced developer who BLG has successfully funded before
Location: Bury St Edmunds
GDV: £13.4m residential and £ 580k commercial
Loan Term: 12 months
