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We have found a former Northern light textile mill on a 3.5 acre site which is for sale for 800k. Existing tenants generate 75k of annual income and utilise one third of the site. We intend to manufacture wood pellets and install a 600k co-fired CHP plant on one third of the site using woodchip and solar. The remaining one third of the site for use as a green technology incubator park. Would this be to commercial for the Ecology Building Society to consider
 
Posts: 2 | Registered: 04 June 2009Reply With QuoteEdit or Delete MessageReport This Post
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This kind of project is in principle one where we would be interested in seeing further detail. I have passed this to one of our lending officers as we wouldn't engage in detailed discussion on a mortgage proposition on the forums, just explore general principles.
 
Posts: 20 | Location: United Kingdom | Registered: 07 April 2006Reply With QuoteEdit or Delete MessageReport This Post
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