Preston SupaShed Commercial Development

Location: Preston, UK
Asset Type: Commercial Units
Completion: March 2025

Success story

Overview

The Preston SupaShed Development consists of five high‑quality commercial units strategically located in Preston. Designed to meet the growing demand for flexible commercial space, the project has now achieved full occupancy with all units successfully let to end users.

Challenge

The development team required timely access to funding to transition the project from the construction phase through to practical completion. Rapid deployment of funds was essential to maintain build momentum, meet contractor deadlines, and bring the scheme to market efficiently.

Solution

Tailored development exit bridging facility was arranged to provide £900,000 in funding.

Loan-to-Value: 65%
Security: First legal charge over the property
Timescale: Funding completed and in place within 3 weeks

This solution enabled the client to refinance efficiently while ensuring the estate continued to operate smoothly.

Outcome

£900,000 funding delivered in just 3 weeks
Smooth transition from construction to fully operational status
All five commercial units now fully let
Prime asset secured with a first charge, supporting long-term income generation

Key takeaways

The Preston SupaShed case demonstrates the value of responsive funding solutions in supporting commercial development. By securing a 65% LTV bridging facility against a strong asset, the project team achieved timely completion and full occupancy, maximising the site’s income potential.

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