OakNorth Bank and The Mezz Lender co-lend £15m to The Consolidated Group to support the refinance Soho’s famous 100 Wardour Street.
OakNorth Bank, the digital bank for entrepreneurs, by entrepreneurs and principal mezzanine finance lender, The Mezz Lender, who acted as the Arranger on the transaction, have provided a £15m loan to The Consolidated Group, to refinance Soho’s famous 100 Wardour St address.
Located at 90-100 Wardour Street, the property is situated on one of Soho’s busiest streets and is within close proximity to Tottenham Court Road, Oxford Circus and Leicester Square tube stations. The site consists of the famous lounge, bar and restaurant 100 Wardour Street, offering guests live music and cocktails on the ground floor and basement, as well as 11 residential units are spread across the upper four storeys.
About The Consolidated Group: Founded in 1984 by Laurence Kirschel, The Consolidated Group specialises in redeveloping real estate throughout central London’s Soho and Covent Garden areas. By combining lateral thinking and innovative ideas to maximise the potential of all sites it acquires, the Group’s portfolio totals c.£2.0b.