We were approached by a e-cigarette retailer, whose business had grown dramatically over the past 3 years.
They were already trading out of a retail unit in one town and had recently taken another unit in a neighboring town which they were currently renting. They had been offered the opportunity to purchase the new unit. A commercial mortgage was arranged with a high street lender with a 30% deposit. The monthly mortgage payments were significantly lower that the rental payments presently being paid.
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