Commercial Mortgage

BUSINESS PURCHASED: Bakery
PURCHASE PRICE: £450,000
CLIENT CASH AVAILABLE: £60,000
BORROWING: £390,000
TERM: 25 years

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Commercial Mortgages

Having worked in the food industry for the last 9 years, our foodie client approached Hilton Smythe Finance after seeing a long-established bakery for sale near to his home.

The business had been operated by the existing owners for 30 years, and after a happy career, they were looking to sell up and enjoy a well-earned retirement.

Although he had no previous experience of running a bakery, he completed the relevant courses and obtained Certificates for Advanced Bread Baking and Creating a Successful Micro Bakery.

The key to arranging finances for this client was not only looking at the numbers, but fully getting to know him and understanding his business plans and objectives, and then presenting these strengths to the lender which they fully bought into.


Just received the following comments from a client we have recently assisted. 

May I just take this opportunity to thank you wholeheartedly on behalf of myself and Shelley for the help you have given us in obtaining this money... we can now realise our dream of running this cafe and having a new start for the family.

Mick and Shelley