Care home conversion, St Annes
Black & White Bridging provided finance for the redevelopment of a former care home in St Annes.
The project, led by an experienced team, involved the conversion of the property into nine high-quality flats located on the seafront of this popular UK tourist destination — an ideal setup for a sale-led exit.
£563k
PRoduct type:
Commercial Bridging
Amount funded
12 months
property:
Care Home Conversion – 9 Flats
exit:
Refinance
Converting a care home into prime seafront flats
The borrower required funding to convert a former care home into nine residential units. With the property located in a sought-after coastal area, the project was designed to deliver strong demand from both buyers and investors. Black & White Bridging worked efficiently to provide the right facility to enable progress without delay.
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Adapting quickly to project changes
Although the deal initially appeared straightforward, unforeseen complexities arose mid-transaction. Our team responded swiftly and maintained open communication throughout to ensure completion on the original target date.
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Professionalism under pressure
“Another deal completed with the ever-professional Black & White Bridging. What looked like a simple transaction turned into anything but, yet they handled it flawlessly. So happy client, happy broker — well done guys, five stars.” — Chris Ashton, Smart Development Finance
Professionalism under pressure
“Another deal completed with the ever-professional Black & White Bridging. What looked like a simple transaction turned into anything but, yet they handled it flawlessly. So happy client, happy broker — well done guys, five stars.” — Chris Ashton, Smart Development Finance
