Assetz Capital has provided a £1.837m Refurbishment Loan to support the borrower in the refinance and subsequent refurbishment of Chartwell House, Nottingham, in order to create 11 self-contained apartments, providing 19 beds.
Andy Fraser, Chief Commercial Officer for Assetz Capital comments: "We are delighted to continue our close association with Taj and provide a funding solution that allows the property to be converted from Office to Residential use and bring forward much-needed residential space in the heart of Nottingham City Centre.
Taj Ubhi, CEO, 9 Property Group Limited adds: "Assetz Capital continue to provide tailored funding solutions, and coupled with their “can do” attitude and ease of doing business, remain a key funding partner to the 9 Property Group Limited."
