About Chilton, Cathedral Gates (SPV1) - Residential Development Project
Growth Capital Ventures (“GCV”) are pleased to offer investors an opportunity to invest in the purchase of a single residential development site in Chilton, County Durham for residential development and sale of 14 residential units.
Carlton SPV 1 Chilton Limited (“SPV1”) a special purpose vehicle will be set up to develop the 14 luxury family homes.
GCV is seeking to raise £0.4 million of Investment alongside the senior debt to finance the project.
This development investment opportunity will allow each investor to co-invest in this residential development scheme and share in the development profit.
The site is located in the North East of England within the desirable area of County Durham. The site will be acquired with the benefit of detailed planning consent and the Project is targeting a base case 1.5x multiple of money return.