Commercial Investments

M8 Commercial Business Centre

 M8 Commercial Business Centre Overview

8% yield guaranteed year 1
No Finders/Arrangement fees.
Purchase price £75,950 - £125,950
Only 10% deposit required - paid in two instalments
12 months mortgage cover included

M8 Business Centre Manchester Key selling points:-

    * Only 10% deposit required - 2 instalments
    * Fully Managed on your behalf
    * Guaranteed 12 months rental
    * 15 to 20k off plan discount
    * Excellent city centre location

Situated alongside an already established business community in M8, Manchester Business Centre will add a much needed facility to the area. The area has a substantial business base but lacks good quality office space for both large and small tenants.

M8 Business Centre offers our clients a unique opportunity to invest into the commercial market and enjoy the returns and rewards it has to offer. We understand that our clients require the very best in all the key areas of property investment. The correct location is a major factor in any property investing decision, and if you add our excellent build and finish standards we believe you will be on the right track to a successful property portfolio. It is our aim to take as much pressure away from you as possible; therefore we provide an after sales service that is second to none. We will fully manage the development making sure it is let as quickly as possible; in most cases this is in advance of completion.

M8 Business Centre offers tenants:

• Premier office space accessed through a striking reception area.
• A fully staffed reception area.
• Office suites available in 500 sq ft units or multiples there of.
• Excellent natural light to all offices and equipped with LG3 lighting.
• Energy efficient heating system with air conditioning option.
• Lift access to all floors
• 24-hour access with full security system.
• Network connection capability to all suites.
• High quality communal WC, shower and kitchen facilities.
• Bespoke furniture/hardware packages available.
• Straightforward 4-page lease with agreed breakpoint.

Office suites/ buildings like this are already popular and increasing in popularity as town centres and city centres become more congested, businesses feel the need to re-locate to be in a more desirable location that is also more easily accessible.

The Business Centres are a superb investment vehicle for the future which may be used as a pension plan should they wish to do so.

The suites cost from £75,950 off plan.

E.g. a typical purchase would initially cost from around £7,500.00, working over a 15-year period then the following rents should be achievable depending on the location you choose:

• Year 1 – 3 £550 - 600 PCM,
• Year 3 – 6 £700 -750 PCM,
• Year 6 – 9 £850 - 900 PCM,
• Year 9 – 12 £1000 - 1050 PCM,
• Year 12 – 15 £1150 -1200PCM

After year three the rent review would add £150 PCM to each unit. Therefore every three years you gain an extra £150 PCM positive cash flow per office suite.

Offering luxury managed and fully serviced offices, these superb developments provide an absolutely unique opportunity for clients to invest in off-plan commercial property, in a regeneration area, which is set explode in terms of growth, investment, employment and business opportunities. The key to investing in regeneration areas is to identify an area which will undergo positive change – examples include; infra-structure improvements, new jobs, expanding populations, expanding local economy, services sector and big investment projects.

Traditionally, to buy into commercial property, you need a cash deposit of between 25% and 50% for any purchase. Not so in this case. The deal is superb and provides a unique turnkey solution to commercial property investment. Here are the main features:

WHAT ARE YOU BUYING? - 500 square foot office units in a Luxury Business Centre. Approximately two years until completion, so plenty of growth potential during the build period. - You don't need to choose a specific unit but may do so. This is almost a commodity purchase. All units are all identical and they will all be let on minimum three years leases to a tenant who has been found for you.

HOW MUCH CASH IS REQUIRED? - 10% Deposit required on the net price, so on a £99,950 unit = £9995 

£2000.00 upon reservation remaining balance (7995) in 30 days. - Legal Fees = £500 (approx). Mortgage fee is inclusive if using recommended advisor.

WHEN DO I NEED TO PAY? - £2,000 required immediately. - top up to 10% is required in 30 days time. - Legal fees will be due shortly before completion. - A commercial mortgage can cover the balance.

WHEN IS COMPLETION? - Building work on M8 Business Centre will commence in December, with anticipated completion 18 months later, so around July 2010.

HOW DO I FINANCE? - Commercial Brokers are offering mortgages at 80% LTV, so there should be no more cash to pay and the balance can be fully mortgaged. - Currently, one 'interest only' commercial mortgage example for 96k would cost £576 per month . - Alternatively, in 15 years, a typical repayment mortgage would be paid off, creating a projected £1,400 monthly income. - Mortgage costs will vary depending upon the solution you choose. Our recommended broker will assist you with this.

WHO MANAGES MY PROPERTY AND PAYS THE BILLS? - We fully manage the business centres to maintain the high standard of finish on an ongoing basis, with guaranteed long-term tenants on full repairing leases. - Tenants pay for business rates, utilities, service charges, furniture and repairs, not you.

WHERE DO I FIND TENANTS? - Tenants are found for you by ourselves with anticipated rentals starting from £ 550 per month to £650 per month depending on location. - Apart from paperwork, this is a hands-off situation. You are the landlord but the whole thing is managed for you.

WHAT IS THE RENTAL YIELD? - Guaranteed yield of 8% from time of completion for one year.  Thereafter, lease dependant with upward only rent reviews, typically every three years.

CAN I BUILD THIS PROPERTY INTO MY PENSION? - This product is SIPP friendly and it can therefore be used within a self invested pension, but you must check with your financial advisor first on the logistics of this.

CAN I RE-SELL IN THE FUTURE? - Commercial property can be sold at any time as a going concern. It does not need to be vacated by the tenant.


WHERE IS THE LOCATION? - Manchester business centre will be located in M8 just north of Manchester city centre:

Summary

Manchester City Centre • Shared Reception and Board Room Facilities • Ample Spacious Car Parking • Prices from £75,950 off plan • Low Deposit 10% • 80% Mortgages Available (See IFA for further info) • 12 Months Rental Guarantee at 8% • Long Term Lets (3 to 5 years) • Quality Tenants • Ongoing Rent at 8% • SIPP Friendly (See SIPP advisors for full information) • Tax Benefits (Taper Relief from 40% - 10 % after year 2) • Fully Managed and Maintained

To fully understand the investment opportunity we would like to invite you to visit our offices in order that we can show you first hand both our operational site and the new sites under development which will unquestionably make your investment decision easy.

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 M8 Commercial Business Centre Location

Set just 800 metres from the MEN Arena but crucially OUTSIDE the inner ring road and therefore the congestion charge zone M8 Commercial Business Centre is ideally situated. Located just off Cheetham Hill Road the centre will provide high quality office space to an already thriving retail and commercial area.

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 M8 Commercial Business Centre Documents / Downloads

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