Bristol pub conversion secures £3.1m development finance

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Shawbrook provided £3.1 million in development finance for the conversion of The Old Tavern, a former pub in Bristol, into 33-bed student accommodation. The project has a 16-month financing facility and an estimated gross development value of about £4.6 million.

Shawbrook has provided £3.1m in development finance to convert a former Bristol pub into a 33-bed purpose-built student accommodation scheme. The 16-month facility is funding the redevelopment of The Old Tavern in Stapleton, with the project carrying an estimated gross development value of approximately £4.6m. The post Bristol pub conversion secures £3.1m development finance appeared first on PropertyWire.