Knightsbridge secures site with £2.75 million backing

A North West commercial property investor is expanding its portfolio after securing multi-million-pound backing to acquire a new industrial site.

Knightsbridge House Estates has completed the purchase of a manufacturing and warehouse facility following a £2.75 million funding deal from Reward Funding. 

The funding supported the acquisition under a tight deadline, enabling the business to secure a site in a well-established industrial location.

Bosses say the property is expected to attract manufacturing and distribution occupiers, with initial plans focused on upgrading the premises ahead of tenant occupation.

Rob Lloyd, managing director of Knightsbridge, said: “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.”

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.”

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