Sorogold Street offers an infrastructure investment with inflation-linked yield, freehold security and equity upside. The company owns a recently built £5.5 million social housing development. Rental income is guaranteed for 20 years by St Helens Borough Council. The company has secured a 15-year bank loan to leverage returns for investors.
Rockpool investors are providing a £2.1 million loan and equity package with an initial yield of 7.1% and a target compound annual return of 11%. The rent is indexed to RPI and investors are entitled to 80% of growth in the value of the freehold property, offering an attractive hedge against inflation. The investors’ loan is secured by a charge over the freehold, subject to bank priority.
For details of how to become a Member of the Rockpool Network and to receive full details of Sorogold Street, please contact Sylvia Fanning on 0207 015 2150 or at sfanning@rockpool.uk.com. Investors in the Rockpool Inheritance Service can also gain exposure to this asset.