Some £675,000 was delivered so that developer Henry Skipton could acquire Molly House near Canal Street in Manchester.
Henry, director at Molly May Enterprises Limited, said: “The pub has a loyal customer base and presents good opportunities for revenues and Assetz was able to support our efforts to give the pub a new lease of life.
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“I am pleased to have kept the pub up and running and look forward to seeing its success in the coming months.”
The marketplace lender also provided a £262,500 commercial mortgage for the refinance and refurbishment of PLAU in Friargate, Preston.
Jeremy Rowlands, director at the PLAU Preston Limited, added: “PLAU has a longstanding history and is a well-known landmark in the area, having been built on the site in 1665.
“I look forward to re-opening our doors and hope to continue working alongside Assetz to fund the development of further sites across the region.”
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