Recently however the tide has started to change and people are beginning to see that, with the right advice, buying a commercial property can be as easy, if not easier, than buying a residential property.

At AWD we aim to take away the perceived burden of commercial property purchase. As Europe’s leading Independent Financial Adviser we are able to offer advice on the appropriate purchase method, advise of the pitfalls to look out for, such as VAT and we are also able to source the commercial lending. Being Independent Advisers we are not tied to any one bank, building society or insurance company, but act on behalf of our clients to find the best deals for them.

If you are looking at commercial property as an investment we also offer advice on Pooled or Syndicate property purchase, which is where a group of like minded individuals combine their funds together to purchase a property.

There are generally 3 methods you can use to purchase a commercial property.

1. Buy the property in your own name

Much like a residential property, it is possible to purchase a commercial property in your own name. This can be attractive for business owners who may wish to charge their company rent to use the premises, as well as private investors as there are potentially high capital gains tax savings to be made on a future sale.

2. Buy it through the company

You may wish your company to purchase a property, possibly in connection with your co-directors or senior employees. This is advantageous as, if the property is occupied by the sponsoring company, a fixed rent does not need to be paid. In many cases buying a property for your company works out to be much cheaper in the long run than renting one.

3. Use your pension fund

It has become quite popular recently to purchase a commercial property with a pension fund. One of the main advantages of pension purchase is that there is no capital gains tax to pay on the future sale. In many cases an existing fund acts as a ready made deposit or can be added to, to allow for an appropriate purchase. It is also possible to “Pool” pension funds together to enable purchases of properties that may be out of reach for an individual pension purchaser.

Whether you are buying a property as an owner occupier or as an investor, we strongly recommend that you seek independent financial advice.

AWD Wealth Management plc in connection with MacNiven Quays offer a free initial consultation where we can discuss your commercial property needs further and then advise you on your purchasing power.

For further information or to make an appointment for an initial consultation please contact;

Adrian Wilkins on 0117 9150800 or 07971 855691
or email awilkins@awdplc.com

AWD Wealth Management, 92 Whiteladies Road, Clifton, Bristol BS9 2BQ

For details about AWD plc please visit www.awdplc.com
or www.moneyextra.co.uk

AWD Wealth Management Limited is authorised and regulated
by the Financial Services Authority.