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INVESTMENT ACQUISITION

 

Rockford House, Low Lane, Horsforth, Leeds

 

Client: Private Investor

 

  • Off-market office investment acquisition
  • 20 year income secured to the 5A1 covenant of Barnardos
  • £900k
  • NIY 6.84%

 

In an off-market transaction and acting on behalf of a private investor, GV acquired the freehold interest in Rockford House.

The property comprises a former School House which was comprehensively refurbished and converted into offices by the vendor. 

The property is let for a term of 20 years to the undoubted 5A1 covenant of Barnardos.