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Southport and  Mersey Reporter -  Your free online newspaper service covering the Merseyside region - (Greater Liverpool).
Covering the news in and around Merseyside

MERSEY REPORTER

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Issue:- 09 January 2013

Bridging Finance helps set student accommodation in motion

A former cinema in Liverpool City Centre is set for a new lease of life as a new luxury student accommodation thanks to Pinnacle Student Developments Limited and property funding specialist Bridging Finance Limited.

The site was originally occupied by the iconic Paramount Theatre, before it was taken over by Odeon Cinema in 1942. The ground has been used as a temporary car park since the cinema was demolished in 2010.

Pinnacle Student Developments spotted the potential of the land given its fantastic City Centre location, opposite Liverpool Lime Street Station and within a ten minute walk of 3 University Campuses. To realise its plans, the developer turned to short term lender Bridging Finance to complete the purchase of the site.

Andrew Dixon at Pinnacle Student Developments said:- "The City Centre location of the development is excellent, so we wanted to purchase the land before other investors swooped in. Having successfully worked with Bridging Finance in the past we approached them for quick and flexible funding. Thanks to its prompt and efficient processes we've been able to secure the land and start construction on the site."

Chris Baguley, managing director of Bridging Finance Limited, said:- "This was a highly sought after City Centre site, prime for redevelopment so we worked hard to ensure we were able to provide fast access to finance so Pinnacle could purchase the land and start the reel rolling. Many traditional high street banks have stricter lending rules and it can be a timely process, short term funding is perfect for any property professional that needs to act quickly."

Pinnacle's Paramount student development will be a fresh, contemporary piece of architecture, rejuvenating a prominent site
in Liverpool City Centre. Plans for The Paramount include 477 units over 10 floors. It will offer a variety of 430 en-suite student bedrooms and 47 studio study rooms complete with kitchen.

Bridging Finance Limited supplies bridging loans from £30,000 to in excess of £2 million. It works with the professional sector and their clients to offer flexible 12 month terms with no minimum period.

For more information on Pinnacle Student Developments Limited visit and the Paramount development:- pinnaclemcglobal.com.

Come Dine with Me Couples Wants you!!!

THE Channel 4's hit show Come Dine with Me is coming to Merseyside with a new twist, and they are looking for couples to take part in the series!! "Do you and your other half host the best dinner parties in Town? It could be your partner, housemate, sibling, wife or son - whoever adds the winning ingredient to your perfect dining experience! The hugely successful series Come Dine With Me is back. This time it will be following 3 couples as they combine their hosting skills in an attempt to prepare the best meal, be the best cooks and hold the best all-round dinner party for each other. At the end of the competition the winners walk away with £1000 cash! We are currently looking for contestants for this new series and we think that your staff and clientele may be interested in taking part in the show." said Sian Lloyd from ITV. If you are interested in taking part call:- 0871 200 3939 now!

VIKINGS TO HOST CRUSADERS IN FRIENDLY!!!

WIDNES Vikings will host North Wales Crusaders at the Select Security Stadium on Sunday, 19 January 2014, for the Club's 1st
pre-season friendly of the New Year. The friendly is a product of the partnership between the Vikings and the newly promoted Crusaders. The fixture, which kicks off at 3pm, is classified as a home game for the Welsh Club. Admission is via cash on the gate; £10 adults and £5 concessions. The Crusaders will only be opening the South Stand for this fixture.

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