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Key selling points
- Instant 17% Equity
- Low Deposit 10%
- Guaranteed Rent from Completion
- Long Term Lets 3-5 years
- Lower Icome Tax rate than Residential
- Lower Capital Gains Tax than Residential
A Commercial Opportunity in Manchester City Centre
- Luxury Office Suite (500 Sq Ft)
- Excellent Location (Manchester City Centre)
- Shared Reception and Board Room Facilities
- Ample Car Parking (100 %)
- Under Construction (Estimated Completion 2009)
- Price £ 99,950 10% Off Plan Discount (Instant Equity)
- Low Deposit 10% (£9,995)
- 80% Mortgage Available
- 12 Months Rental Guarantee at 8%
- Long Term Lets (3-5 years)
- Ongoing Rent at 8%
- SIPP Friendly
- Tax Benefits (Taper Relief from 40% - 10 % after year 2)
Fully Managed and Maintained by Developers Centres are situated in excellent locations around the North West of England typically very close to the major motorway networks: they are normally four storey luxury buildings fitted to a very high standard offering potential tenants a superb working environment. No matter how big or small the tenant the offices can be adapted to suit their needs and requirements. These offer our clients a superb investment vehicle for the future, which may be used as a pension plan or to further their investment potential.
A typical purchase would cost around £99,950 working over a 15-year period the following would be achievable:
Rent achievable Year 1 – 3 = £650 PCM, Year 3 – 6 = £800 PCM, Year 6 – 9 = £1000 PCM, Year 9 – 12 £1150 PCM, Year 12 – 15 = £1300 PCM. After the year three review you would be able to add £150 PCM to each unit.
Therefore every three years you gain an extra £150 PCM positive flow per office suite. Traditionally, to buy into commercial property, you need a deposit of between 25% and 50% for any commercial purchase but does not apply with this development. Priced at £99,950 with a market value of £119,950. These will be an excellent purchase and extremely rentable. Payment Plan: £2000 Reservation Fee £2000 Arrangement Fee 10% Deposit (within 30 days) minus the Reservation fee.
Other benefits include:
- Instant Equity of 10%
- SIPP Friendly*
- Generous CGT Taper Relief on commercial property after year 2 of ownership capital gains drops to only 10% instead of 40% on residential.
- All income taxed at corporation rates starting from 19% rather than 40%*
- Long 3–5 year leases, tenants have so sign up to 3 year rental agreements
- Tenant pays for service charges and furniture
- Quality locations
- In 15 years a repayment mortgage would be paid off creating a predicted £1300 PCM as a positive monthly salary.
- 500 square foot units
- 12 months rent paid for by at 8%
- The build time is estimated to take 2 years.
- Ample parking spaces(100%)
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