£6m London Bridging Loan Enables Britannia Row Acquisition
Cohort Capital provided a £6m London bridging loan to fund the acquisition of a vacant commercial and industrial property on Britannia Row, London. The site comprises interconnected buildings, including a former Victorian warehouse and a locally listed Mission Hall. Both main buildings span three storeys with multiple internal level changes, complemented by single- and multi-storey rear extensions. The property is fully stripped internally and currently vacant, offering a blank canvas for redevelopment.
The site includes a gated yard with additional outbuildings, providing space for vehicular access and servicing. Following a full open market campaign led by Savills, the Borrower secured the freehold property, which presents a significant opportunity for residential conversion under the permitted development (PD) rights already in place.
This transaction highlights Cohort Capital’s ability to provide solutions-led London bridging loans for complex acquisitions. By structuring a bridging facility to fund the purchase, the Borrower can progress with plans to transform the vacant commercial and industrial buildings into residential accommodation, unlocking the potential of a centrally located London site with historic character and flexible layouts.
For more examples of how Cohort Capital supports complex property transactions, take a look at our other case studies.