Luxury Office Conversions In Birmingham
Nice recently built office / units building
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5500 square foot
No or very little work needed before renting out
Price £400,000
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Once rented out will bring in gross rental income of about £55,000. We have got this figure by looking at our previous offices rented out.(project 1). They are rented out at £12 per square foot per year. So even if these offices are rented out at £10 per square foot per year it will still bring in £55000
Once tidied up and rented out again will sell for close £550,000 as that is the 10% return on investment. Many companies will buy at this rate
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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.
Luxury Developments will fully be responsible for the following
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Decorating or minor repairs if needed as offices are in good condition.
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Advertising the offices
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Renting out and leasing contracts
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All after care service such as Health & safety checks, Fire & safety checks, Pest control and all other caretaking issues
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​So basically investor will have a complete hand off investment, will not need to do any work.
In return Luxury developments will take 25% of net rental income. Or if investor decides to sell we will take 25% of net capital gains.
We would just like to clarify that initial investment of £400,000 will always belong to the investor, we will only take net 25% of rental income or 25% of net profits made after selling property
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