lewis innovative investment

NOVA Cownmead 27 Pension Syndicate and Investment

3-9 Crownmead Shopping Precinct ,Wimborne, Dorset

Lewis are pleased to recommend a new property syndicate, purchasing the freehold  of the entire South side of the Crownmead Shopping Precinct. The North section is occupied by the Co-op.

· Purchase Price £2,825,000.

· Annual rent of £210,500 per annum.

· 72% of the income is for a term of 20 years with a break  option in just over 10 years.

 View Prospectus Here: Nova Crownmead 27v3.pdf

NOVA Partnership 24 - Winchester Job Centre Plus - 

NOW COMPLETE

NOVA PARTNERSHIP 24 - WINCHESTER JOB CENTRE PLUS

OPEN TO PENSION AND NON PENSION INVESTMENTS - 

NOW COMPLETE

I am delighted to announce the launch of Nova Partnership 24  which is purchasing the freehold of  Citygate House in City Road, Winchester.Nova Partnership 24 is our second joint ownership of a property, enabling you to be able to invest your own personal monies or your pension monies, all in the same property.

The main points of this investment are as follows:

1.   The freehold purchase has a lease in place to the Government until 2017.

2.   The building is strategically located in the heart of the Cathedral City.

3.   You have the choice of income now at 7.1% per annum after costs, or deferred income of  13.30% per annum after costs in 5.5 year's time, assuming continuation of the lease.

4.   The purchase price is £4.4 million and the current rental income £417,100 per annum.

 View Prospectus click here:   0125 SIPP 24 Winchester V6.pdf

Please simply respond to this email or contact your usual adviser.

We would be delighted to receive your interest at your earliest convenience to secure an investment in this, our new property investment in a fantastic city.

This is our first jointly owned syndicate where you are able to own part of the property, whether your investment is from your own funds, or from a pension fund.

This is our first jointly owned syndicate where you are able to own part of the property, whether your investment is from your own funds, or from a pension fund.

The property

The main features of this property are as follows:-

• The purchase price has been agreed at £2.8 million. 

• There are four retail units fully let.

• There are two floors of offices fully let.

• This is a prominent corner city centre site, located between the prime retail pitch and the restaurant quarter.

• The total size of the unit is circa 14,700 square foot.

• The total rental income is currently £238,000.

• The current gross yield is 8.50% per annum.

• There are 19 car parking spaces, including basement parking.

• The property is looking tired, however it is largely superficial.

• We are inviting minimum investments of £20,000.

The Investment

The property being acquired by this syndicate is freehold with on site car parking and located adjacent to the prime pitch of the City of Winchester.

This is suitable for people looking to achieve:-

• Income now

OR

• Capital growth, with a future income

After costs, the income class of holding will pay a monthly in advance rate of 6.53% per annum, before tax. After costs, the growth class of holding will pay a monthly income of 10.27% per annum from 6 years time.
 
If your holding is through a pension fund this income will be paid into your pension bank account.

To view the full prospectus click here:  1398 Winchester V3.pdf