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Carclaze, Saint Austell Pl2...

Updated Oct 29, 2024

Eco-Bos Acquires Development Site In West Carclaze Garden Village For £18M
FINANCEDDevelopment Site

Eco-Bos Acquires Development Site In West Carclaze Garden Village For £18M

Carclaze, Saint Austell Pl25 4 Ed, Uk

$18,000,000

Building Size

Asset Type

Development Site

Closing

Jun 21, 2020

About this deal

AI

A development site located at West Carclaze Garden Village in Saint Austell has been involved in a recent transaction. The loan for the development site was provided by Shawbrook Bank, with a total amount of £18,000,000. The developer of the site is Eco-Bos, represented by Dorian Beresford. The broker responsible for the transaction is Sal Privé.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: £18,000,000
  • Developer: Eco-Bos - Dorian Beresford
  • Lender: Shawbrook Bank - John Hughes
  • Broker: Sal Privé

Dorian Beresford represents Eco-Bos in the development of the West Carclaze Garden Village site. John Hughes serves as the lender for the project through Shawbrook Bank. Sal Privé acts as the broker to facilitate the transaction.

Players

Sal Prive

Broker

$18M

vol

1 deal

Broker
Shawbrook Bank
Shawbrook BankLender

Market Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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