Blackfinch Property has completed a £2.7m, three-year commercial term loan to refinance an existing facility secured against a small parade of retail units in central Bristol.

Set on one of the city centre’s most prominent corners, the security comprises four commercial units. The site benefits from the footfall and visibility that come with a well-established central location, helping underpin long-term demand.

The transaction shows how we combine rigorous due diligence with a practical approach to getting deals done. A key focus during underwriting was a potential vacant business rates liability. We worked closely with the borrower to fully understand the position and ensure that this would not fall due during the loan term.

The facility was agreed at a prudent loan-to-value (LTV) of 65%, providing a strong structure for both the borrower and Blackfinch Property.

As well as supporting an established property group with a straightforward refinance, the deal also helps sustain local economic activity in a bustling location. With four trading businesses operating from the premises, the property supports jobs and contributes to the ongoing vibrancy of Bristol's city centre.

Ian Ford, Investment Manager at Blackfinch Property, said: “We welcomed the opportunity to support a well-established property group with the refinance of this prominent central Bristol asset. We hope this is the first of many transactions together, and that the relationship continues to thrive.”

The facility is structured with a clear route to repayment. The planned exit is a refinance at the end of the term, giving the borrower time to continue operating the asset while keeping longer-term options open. It’s a straightforward outcome that aligns the funding with the borrower’s strategy and provides certainty from day one.

For Blackfinch Property, this deal represents another example of supporting established clients with practical, well-structured finance, underpinned by thorough due diligence.