Commercial Mortgages for pharmacies

Terms available up to 100% of Operating or Business Valuation, additional business debt can be arranged through other avenues.

Financial options in this sector can often allow clients to borrow at higher gearing levels, with options available to assist with purchase of the pharmacies themselves and not just the property from which they operate.

Terms are available to support multi-site companies or larger groups both on a granular and macro perspective.

Particular focus on income streams and positioning against local NHS services and Private facilities also forms part of the underwriting process.

What’s required for an assessment? Whilst we can often quote on the first call or in response to the initial email with outline terms available, in order to allow a member of the team to fully appraise an enquiry, it is very useful to have the following information available:

• Latest accounts
• Expected Property Value and any indication of going concern value
• Required Loan amount
• Proposed use of funds (i.e. purchase, remortgage)
• Indication of client experience or summary of their CV

Whilst more information will be needed in due course, the information above will allow an initial appraisal and an indication of financial terms to be outlined.