Banks typically give these types of properties a wide berth.
Different lender’s classify different types of properties as specialized, but they would typically include :
Ten Pin bowling alleys, Caravan Parks, Sporting facilities, Motels, Hotels , Pubs, Cinemas, Theatres, Abattoirs, Nurseries, Aged Care Facilities, Retirement Villages and the list goes on.
In our 20+ year history we have come across every conceivable type of property.
We understand the risks associated with these properties from a lender’s perspective. More importantly we have an appreciation of the positive mitigating factors that support specialized properties as a viable lending proposition.
Commercial Mortgage Advisors can help you with any specialised finance requirement.