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Store First - Storage Units Investment

Description: The Investment Opportunity Investors purchase a long-leasehold (minimum 250 years) on a storage unit, then enter into a 6 year agreement to sub-let their Storepods to Store First Management Ltd. Store First Management Limited will then sublet the units, under license, to end users. Click image to play video:

Summary terms of agreement:

* Store First pay investors a guaranteed fixed rental return of 8% for the first two years

* After two years, and every subsequent two years, Store First offer investors a further two years at a fixed rate

*The new rate offered will be higher than the previous rate

Points to note:

* Investors can accept the two year extension at the new fixed rate, or choose to exit the lease and opt for a variable rate of return instead

* If investors choose to exit the lease, Store First will continue to market & let their Storepod on rotation with the other Storepods and service the tenants. Investors are just opting for a variable rate of return based on rental yield, rather than a fixed rate of return offered by Store First.

*Store First also has the option to break the lease every two years.

Investment Levels

Investment levels start at £3,750 for 25 Sq/Ft. As a commercial property investment, Store First is fully SIPP approved and has been accepted by all the major SIPP providers.

Investor Payments

Investors will receive their rental yield payments monthly, net of charges, paid directly into their bank account or SIPP by direct debit, making this a truly “hands off”, low maintenance investment.

Tax Considerations

Storepods are VAT exempt. The rental yield and capital gains should be treated the same as any other commercial property investment however everybody’s tax situation is unique and it is recommended that investors seek their own independent expert advice on taxation.

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