You don't need a mortgage for all commercial propositions!

Store First Ltd is pleased to offer the first affordable self-storage commercial property investment to be released into the UK.

Self-Storage was first established in the UK in 1980’s, initially in the London area. The industry has grown steadily in the UK and for the five years to 2009 has recorded growth rates of between 8% and 15% per annum. Demand for storage facilities has historically exceeded all targeted projections and is still increasing strongly. In comparison, other commercial property sectors have seen a sharp decline since 2008 due to the recession and subsequent economic slowdown.

Store First Ltd is offering investors the opportunity to invest in their flagship selfstorage facility located in Burnley, Lancashire. With low minimum investment levels and guaranteed returns, this is a low cost, high yield, hassle free investment.

Investors can buy into this commercial property investment using pension funds via a SIPP (self invested personal pension). 

"Self Storage is the fastest growing commercial property sector in the UK today .."

Investors purchase a longleasehold (minimum 250 years) on a storage unit (Storepod) from Store First Limited. Investors then have the following options:

 

  • Appoint Store First Management Ltd as the letting agent or agent of their own choice as the letting agent
  • Sub-lease the storepod back to Store First Ltd for a fixed period of six years*
  • Investors can sell, assign or sub-let their storepod at any time

Investment levels start at £7,500 for 50 Sq. /Ft. and then can be increased in increments of 25 Sq. / Ft. (£3,750)

 

Lease Back Agreement*

If investors choose to enter into an agreement to Sub-lease the storepod back to Store First Ltd, they will receive a fixed annual return, guaranteed at 8% for years one and two and forecast to be fixed at 10% for years three and four and 12% for years five and six.

 

Investment Return

Example:
Year 1  8% (Guaranteed return)
Year 2  8% (Guaranteed return) 
Year 3  10% (Forecasted return) 
Year 4  10% (Forecasted return) 
Year 5  12% (Forecasted return 
Year 6  12% (Forecasted return) 

 

Defined Exit

Investors can sell, assign or sub-let their storepod at any time and we anticipate that there will be a strong secondary market in storepods as other investors look for high yielding commercial property investments. We are also pleased to be able to offer clients a defined exit: in year 5, investors have the option to enter into the guaranteed buy-back scheme. Under the terms of this scheme, Store First Management Ltd will guarantee to buy the Storepod back from the investor at the original price paid within the following 5 years. This is a unique offer in the market place and we are happy to be able to offer a defined exit route to our investors.
 

Investor Security

  • Fixed annual returns
  • Guaranteed returns of 8% net in years 1 & 2, with the funds to pay this held in escrow
  • Option of a 6 year leaseback agreement, with upwards only rental reviews and break clauses every 2 years
  • Investors are free to sell their storepod at any time
  • The buildings and contents are covered by a fully comprehensive insurance policy from Brit Insurance a subsidiary of Lloyds of London
  • The property is registered in the investor’s name on a single title deed at the UK Land Registry

Commercial property is just one alternative investment class that you can consider once your SIPP is opened.

 

Call us today and lets talk about your SIPP.

 

0161 - 341 0479