Leisure

The leisure sector covers a number business premises purchases including hotels, guest houses, public houses, nightclubs, golf clubs, restaurants and many more.

Borrowers wishing to purchase a leisure premises can expect to pay Bank Base Rate + 1.5% to 2.5%, at a loan to property value up to maximum of between 75% and 85%.

To achieve more favourable lending rates, experience in your chosen leisure sector is essential, as is a detailed business proposal and indication of expected fiscal returns.

It is important to consider that the some parts of the leisure sector are viewed by many financial institutions as high risk lending opportunities, limiting the funding options in many cases.  However as the majority of our consultant team is made up of ex bank managers who are well used to dealing with leisure based commercial mortgages, from small bistros to large central London nightclubs, the borrower can be assured we will negotiate competitive funding based on the proposition.

The maximum term of a leisure business mortgage will tend to be 30 years.