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Aviva Commercial Finance lends over £3 million to fund medical centre in Salford

Aviva Commercial Finance is pleased to announce that it has provided a £3.25 million loan to clients of Oakdeane Investments Limited to purchase a medical centre in Ordsall, Salford. The property forms part of Oakdeane’s extensive medical property portfolio of 32 medical centres around the UK.

The recently developed medical centre is close to the Salford Quays regeneration area and serves those living in and around Ordsall and Salford Quays.

Kevin Sale, commercial finance director at Aviva, said: “We’re delighted to have been able to provide finance to clients of long-term customer Oakdeane Investments Limited to fund the purchase of this medical centre. Aviva Commercial Finance provides long term, fixed rate debt across a number of sectors and this scheme represents a good long term investment for Aviva and our customer.”

Sanjiv Jagsi of Oakdeane Investments Limited, said: “Oakdeane was set up to secure and deliver quality property investments for its clients. We provide a turnkey facility for our clients whereby we source, fund, deliver and manage investment property on their behalf. We continue to invest in quality property and the medical centre at Ordsall represents a great investment and is the largest single purchase that we have been involved with to date.“