The Ramparts, St George's Hill - Institutional

Investment Summary

• OVERVIEW –  Investors in this opportunity will fund a senior bridging loan secured against a property called ‘The Ramparts’ which lies at the heart of St George’s Hill, Weybridge (referred to as "the Property"). One of the most prestigious gated communities in the country.
• TERM –The estimated term for this investment is 12-18 months. If the loan is not repaid by the end of the estimated term, returns will accrue on investments for a further 12 months from the end of the estimated term up until the hard stop date (December 2024). 
• PLAN –  The borrower is a limited company owned by  a successful technology entrepreneur who already owns the property and the loan will provide a release of  equity which he will  invest in his online trading business to fund the development of a new product. This company is revenue generating and is registered in Switzerland.
• LOCATION – The Property is located within the heart of Weybridge on St George’s Hill private estate, which is one of the most sought-after locations in Surrey. The Property is close to Weybridge and Walton town centres. Both towns benefit from having numerous amenities, including local restaurants, shops and pubs. Furthermore, the area boasts some of the top performing schools from the surrounding area. The location is well served by public transport into London with trains to Waterloo in 30 minutes.

• YOUR INVESTMENT– CapitalRise investors will benefit from a First Legal Charge over the property, a Personal Guarantee limited to 25% of the total advance plus a cost overrun guarantee, First Ranking Debenture and Share Charge over the borrower. Investments will always be first in line to be repaid when a payment is made against the loan. In the event of a forced sale of the Property, CapitalRise investors would recover their investment first and if the borrower is unable to repay the loan, CapitalRise could seek to force the sale of the Property on behalf of investors. If a sale is achieved the value would need to be less than 55% of the current market value before your invested capital and accrued return are at risk.
• PROPERTY – The Property is a unique, detached house, which spans across 14,563sqft. The building has three floors, a lower ground, ground and first floor. The first floor contains all 6 bedrooms. Each bedroom comes with an ensuite bathroom, however the master and guest bedroom both include a dressing room each. The lower ground floor contains further entertainment facilities, including a gym, indoor swimming pool, steam room, sauna, theatre, bar, and another entertaining terrace that leads to the garden. The Property also includes staff quarters on this level. The property is finished to an immaculate standard. You can view the finish property on Knight Franks website here.
• THE BORROWER – The borrower is a limited company owned by an established tech entrepreneur who, with his business partner, acquired and developed an international travel app platform in 2018. The Borrower is a Russian born UK non-domiciled resident who has been living in the UK for 3 and a half years. The Borrower’s primary residence is in Kensington, London and he has banking relationships with mainstream UK banks. CapitalRise carried out enhanced due diligence on this borrower which included engaging an independent country specialist third-party due diligence company to conduct a comprehensive background report on this borrower on top of CapitalRise's usual strict due diligence processes. The results from both due diligence reports provided no evidence that the Borrower was at risk of being sanctioned nor was there any indication of the borrower being a politically exposed person or in any way connected to the government in Russia.
• EXIT PLAN – The borrower’s financial trading platform is a revenue generating business trading out of Switzerland, repayment of the loan can be made from income from this business. The borrower has also sold his previous international travel app business and is receiving a significant sum which is expected to be paid out during the course of the next 12 - 18 months. Alternatively the property could be sold in order to repay the loan.