Full Description

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%)