Knightsbridge House Estates
Returning client secures £2.75m to deliver major property expansion
Company
Knightsbridge House Estates has an impressive track record as a North West commercial property investor. The company identified a significant opportunity to expand its portfolio through the purchase of a new industrial site.
Funding Requirement
The initial strategy was to improve the premises for an incoming tenant. Situated in one of the region’s most successful business locations, the new facility was well positioned to attract a range of manufacturing and distribution companies.
Finance Solution
Reward Funding has supported the latest growth phase of Knightsbridge House Estates with a £2.75m facility. The funding enabled the established property investment company to acquire a prime manufacturing and warehouse facility in the North West.
Clive Briggs, Business Development Director for Reward Funding, added: “Knightsbridge is a fantastic example of an entrepreneurial client that we are proud to support once again. Rob demonstrates insightful knowledge of the property market and continues to unlock potential in underperforming assets, making him exactly the kind of business that we wish to back.”
Results
Reward backed the client’s judgement by providing funding against a tight deadline, enabling the business to secure a site in a well-established industrial location.
Client Testimonial
“We’ve worked with Reward in the past and we were keen to work with them again when this opportunity arose. Reward moved at pace to unlock a great opportunity, structuring a deal that assists with our growth strategy. Speed was the key here, which we know is not an issue for Reward, and they always take a wider view of the deal, the business and the people.”
Rob Lloyd, Managing Director of Knightsbridge