Commercial property SIPP

[Archangel]

Does anyone have a commercial property in a SIPP?

If so, who is the SIPP provider? Any pros and cons?

Thanks

[Lance]

cons: commercial property is dead...... Only a fool would invest in one when retail is finished, and the recession is about the bite.

HTH

And buy shares in Land Securities or other commercial property company rather than trying to DIY it.

[TestMangler]

cons: commercial property is dead...... Only a fool would invest in one when retail is finished, and the recession is about the bite.

HTH

And buy shares in Land Securities or other commercial property company rather than trying to DIY it.

I would say it's more likely that the OP wants to buy a commercial property using money in a SIPP and rent it to himself :-) Quite common question among Del-Boy/Arfur Daley types.

[BrilloPad]

I had commercial property in a SIPP 15 years ago(1% of a building). It was sold 8 years ago. The returns were never as expected. I asked the pension adviser - he said it was sold at the wrong time.

[Fred Bloggs]

OP, if you want commercial property holdings in your SIPP, I suggest you take a look at Real Estate Investment Trusts, REITs. HTH.

[Archangel]

I would say it's more likely that the OP wants to buy a commercial property using money in a SIPP and rent it to himself :-) Quite common question among Del-Boy/Arfur Daley types.

Other than the Del-Boy/Arfur Daley reference, this is correct. I was asking for the pros and cons of particular SIPP providers, not the idea in general.

(My business currently rents a premises and the lease expires soon. The new lease terms are onerous. I’ve got the chance to buy a better property and the most tax efficient way to do this is via a SIPP Or SSAS, I’m aware of the liquidity issue. On the question of the death of commercial property I would advise the poster to try to rent a small to medium size industrial unit, in my area they are few and far between and the rents are high. Seems Everyman and his dog is starting plan B businesses)

[courtg9000]

Not sure about providers.
To those saying that commercial property is dead. This is wrong. There are a number of very good reasons to invest in commercial property. There is a general dip. True offices and retail are in a larger rental yields dip at the moment and this is affecting purchase values.
In addition certain office building owners especially owners of some buildings that are probably well known to the contracting community in the Reading area (I certainly know them well from my contracting time) only have themselves to blame for a further fall marketwide that is imminent (this year) in provincial office space. This is down to overtalking values and the fact that they didn't think of this before trying to shed to stock.
There is generally less hassle with commercial lets too.
Other commercial stuff is still very buoyant.
Commercial is a better 10+ year hold than residential at the moment.
Yield wise there will be good rises in commercial from 2024+ across the board.

[Lance]

Not sure about providers.
To those saying that commercial property is dead. This is wrong. There are a number of very good reasons to invest in commercial property. There is a general dip. True offices and retail are in a larger rental yields dip at the moment and this is affecting purchase values.
In addition certain office building owners especially owners of some buildings that are probably well known to the contracting community in the Reading area (I certainly know them well from my contracting time) only have themselves to blame for a further fall marketwide that is imminent (this year) in provincial office space. This is down to overtalking values and the fact that they didn't think of this before trying to shed to stock.
There is generally less hassle with commercial lets too.
Other commercial stuff is still very buoyant.
Commercial is a better 10+ year hold than residential at the moment.
Yield wise there will be good rises in commercial from 2024+ across the board.

need a chart to show this....... where's Scootie?