Century Capital Completes a £450K Loan on a Grade II Listed Mayfair Penthouse

Client Objective:

The borrower had previously owned a successful family-run Mayfair wine bar. He sought funds to strength cash flow of the current family business, due to non-payment of rent for a commercial property.

Century Capital provided a £450,000 loan, with a 3rd party 1st ranking legal charge at 14% LTV, against an exquisite duplex penthouse apartment.

The apartment, located in the heart of Mayfair, provided a stellar security asset comprising of a 2-bedroom, 2-bathroom residence. It spans the fourth and fifth floors of a historic Grade II listed period building, valued at £3.2million. Boasting numerous exceptional features, including a secluded terrace and balcony, this residence seamlessly combines modern luxury with historical charm. Nestled amongst luxury retail, renowned restaurants, and the prestigious shops of Bond Street, the prime location of this property epitomises Mayfair living.

The deal was successfully closed within an impressive 10 days.

A special thanks to our lawyer, Spector Constant & Williams