The Brookhouse Inn Hotel, originally built in the 17th century as a farmhouse, covers three buildings in Rolleston and spans 2.81 acres — the property includes a large car park, gardens and a rear paddock.

This finance will be used to develop the main house into seven modern apartments, the coach house into two three-bedroom houses and the Brookside Barn into a standalone two-bedroom house.

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Tuscan Capital is collaborating on this project with 2XL Commercial Finance.
 
“This is a unique property, with opportunities for redevelopment across three buildings, and with its age and the fact it has been vacant for some time, we needed to provide funding which was bespoke and unique to its nature, and what the developers plan to do,” said Carl Graham, regional director at Tuscan Capital.
 
“I’m pleased to say that by working closely with 2XL Commercial Finance, and by having our individual approach to underwriting, we were able to present acceptable terms and the deal completed in the desired timescale.”

Darren Willoughby, managing director at 2XL, added: “Thank you to Carl Graham and everyone at Tuscan for your hard work on this recent completion. The terms issued were competitive and timely, and the consistent updates from start to finish made working with the team a real pleasure. I can genuinely say the team was excellent throughout, and I look forward to working with them again.”