WOULD BE INVESTORS
There is alternative for would be investors to the residential market, commercial property may offer similar returns or more likely improved rates plus the added benefit leases will be much longer. Additionally commercial leases commonly require the tenant to assume responsibility for repairs and decoration together with all outgoings, e g Business Rates, Water Rates and all utilities The commercial property market delivers investments at variable prices so a modest sized factory, office or secondary shop may only carry a value of £150,000, move up the market where "trophy" buildings change hands for hundreds of millions of pounds. Whilst a residential flat will always remain just that the commercial property sector contains greater flexibility with potential for a change of use, extensions, etc that could add extra value. Even vacant commercial property has the capacity to be let thereby creating an opportunity for an investment where owners can select the tenant, negotiate the lease and rental terms. Given the obvious risk an empty property once let is likely to deliver an improved yield. We have successfully traded a variety of commercial investments for various clients over many years at prices from a modest £65,000 to a portfolio sale delivered at £81.2 million. To discuss your requirements or gain a better insight, why not give us a call on 01707 873299.