​
​
Amazing project: will bring in income straight away
​
​
​Huge shopping complex in the westmidlands with 29 retail shops, with the likes of B & M Bargains, Subways, Ramsey's and many more establised retailers
​
SHOPPING COMPLEX
​
Size of retail shopping center 131,000 square foot
Roof and underground Car park 175 spaces
95% of shopping centre rented out bringing in 480,000 Gross yearly income
Wages and bills max 100,000 may be 80,000 so Net income already coming in 380,000 to 400,000(Guaranteed income already)
​
OFFICE / APARTMENT BUILDING
​
Size 21,000 sqaure foot
​
Also connected is a 6 floor office building previously rented out to Job centre now vacant.
​
Has planning for
​
27 X 2 Bed Apartments
3 X 1 Bed Apartments
​
So once rented out as apartments or offices this building has potential to bring in another £250,000
​
Leaving as offices only 50,000 for basic clean up and decoration . Conversion to luxury apartment cost of £500,000 that could easily come out of the current rental income of £400,000 yearly
​
Can even leave office building as office bulding and rent out as offices but will bring in slightly less rent around £150,000
​
​
​
CAR PARK 175 SPACES
​
We visited complex and only about 30 cars parked there. So with right advertising just the car park can bring in £150,000
​
​
This place has huge potential and once all done will bring in £30% ROI rental income so after tax has ability to pay it self off in about 5 years
​
It is currently already bringing in 16% ROI Yearly (So immediate rental income) Some income can be used for conversion of office building.
​
​
PRICE OF BOTH RETAIL AND OFFICE BLOCKS £ 4 MILLION​
​
SO SUMMARY PAYING 4 MILLION FOR A FREEHOLD RETAIL COMPOUND THAT IS CURRENTLY BRINGING IN GROSS £480,000.
WHEN OFFICE BUILDINGS AND CAR PARK ALSO FULLY LET OUT RENTAL INCOME WILL BE £700,000 TO £800,000
​
The picture below that says 4 floors on it is only 10% of the whole complex. See the 3rd photo (birds eye view ), the red outline is this picture and the blue outline is the whole complex. Off market deal so have not included all photos
Investment Proposal
(open to discussion)
​
​
​
Many investors have asked, What guarantee do they have when investing ?
Well to fully satisfy any investor the property bought will be bought under the investors Name or a Company under the investors name.
Or any proposal that the investor is satisfied with.
​
We Luxury developments will be responsible for managing the whole retail complex as well as developing and managing the office complex. We will be responsible for all the following
​
On going work
-
Fully Managing retail complex.
-
Advertising empty retail shops, viewings , contracts for tenants.
-
works and repairs if needed
-
Advertising apartments for rent
-
viewings, contracts for tenants, all other queries
-
Making sure all Health & Safety regulations are followed. Fire safety, Pest control and so on.
​
Conversion work
-
Fully manage the building regulation applications
-
Fully manage the conversion into 30 Apartments using our current contractors
-
Fully manage the complete conversion and the letting out and after care.
​
Basically the investor will have a complete hands off investment, all managing will be done by luxury developments Ltd.
​
In return we ask for a 33% or 50% (depending on exit method) share of net rental income and profits.
​
So basically the 4 million invested always belongs to the investor. Anything above that we will take a 33% share. Whether it is rental income or the investor decides to sell then it will be 33% of the capital gains. If exit strategy is refinance and we pay you your profits then we will need 50% profits Just want to clarify the initial 4 million will always belong to investor and we do not have any share in that
​After completion of apartments we believe the value of the whole complex will be around 8 Million. As apartments will bring in £250,000 and car park will bring in a further £150,000
​
​
​
​
​​​
​
​​
​
​
​
​
​​