Property finance – Commercial Investor Loan

9 September 2019
 

Cambridge & Counties Bank supported the redevelopment of Shoreham Cement Works, a site currently owned by customer Dudman Holdings Ltd.

  • 5-year loan to progress strategic ambitions
  • Finance used to improve site in keeping with surroundings
  • Customer is a leading supplier of aggregates and ready-mixed concrete together with recycling and logistics

The finance provided supported an effective remediation of the site – one of the largest brownfield sites in the South East – in keeping with its settings. This was following strong political and local pressure and involved local stakeholders including the National Park. The group has a haulage fleet of 56 vehicles and works across the South coast, with the Shoreham site being used since 2006 to service the large customer base of builder’s merchants.

 

To find out more about our Property Finance, please contact our Relationship Management team.