The Requirement

A Northern Ireland-based business owner was given the opportunity to purchase the commercial premises they had occupied as a tenant for several years.

The acquisition would provide greater long-term security for the business whilst also creating an asset that could contribute towards future retirement planning.

The client wanted to explore how their pension could be utilised to support the purchase whilst leveraging additional funding to complete the transaction.

The Solution

2XL Commercial Finance worked closely with the client to structure a £165,000 SIPP mortgage solution.

By utilising their pension scheme alongside additional borrowing, the client was able to secure the purchase of the property and transition from tenant to owner.

Throughout the process, our team provided guidance on the funding structure, lender requirements and transaction management to ensure a smooth completion.

The Outcome

The client successfully purchased the commercial property they had occupied for many years, securing their business premises for the future whilst creating a valuable long-term investment within their retirement planning strategy.

Managing Director Darren Willoughby commented:

“I am delighted to have acted for the clients on this case. The transaction makes complete sense for the business today whilst also creating a valuable long-term investment for the clients’ retirement.”

Client Feedback

Joris Smet commented:

“2XL Commercial provided a professional and prompt service throughout. Darren’s communication was excellent from start to finish and made the process straightforward. Highly recommended.”

Need Support With a Commercial Property Purchase?

Whether you are looking to acquire your business premises, refinance an existing property or explore pension-led property investment, the team at 2XL Commercial Finance can help you identify the most suitable funding solution for your circumstances.

Contact our team today to discuss your requirements.