In a world where state-owned banks are writing to business and medical customers warning them that they could be charged for the privilege of keeping money in their accounts, it's no wonder that more and more medical investors and financial directors are approaching Preview Properties about opportunities in commercial property.
As Nilesh Patel, Prideview Properties consultant, states, "it's no coincidence that (now) the leading commercial property agents are all seeing increased numbers of first-time (commercial property) buyers, many of them pharmacists."
A Broad Range of Valued Clients Look to Prideview for Advice and Support
Over 100 investment companies and private investors in the medical sector trust Prideview Properties to introduce them to the best long-term commercial property opportunities available.
For example, we can't see a great amount of value for domestic, medical investors in London at the moment. We're actively working with clients to place their money in areas where commercial property values are still attractive. What does "value" mean to us? A secure, long-term return on your money with a capital gain to hopefully follow (but not guaranteed).
Finding Opportunity in Out-of-the-Way Places is What We're Known For
"The deals are out there", Nilesh says. "You just need to know where to look. We recently secured a retail outlet in Devon with 14 break-free years left to a High Street brand yielding 7.5% a year. Another one in Plymouth yielded 6% with a straight-line calculation capital gain of £200,000. Try finding that in London at the moment!
"There are plenty of caveats when investing outside of one’s comfort zone. The mantra has to be quality. Medical investors trust us to find gems like these because this is what we've been doing since 1985".
Our Commitment to Medical Investors
In 2015, 150 medical investors enjoyed great food and drink at our Medical Investors' Dinner in north-west London. Probably the best known event of its type, it's open to all medical professionals interested in commercial property investment.
Back to Nilesh - "We can't wait to welcome more medical commercial property investors at the 2016 dinner. It's about building trust and making connections. We always get great speakers and a fine night is had by all attendees."
Where Things Are Now for Medical Investors
Whatever your view on Brexit, the sky hasn't fallen in. We're probably not going to see a recession. There was no need for an emergency budget. Companies are still hiring and plotting future expansion. Foreign and domestic money is still flooding into the commercial property sector.
There are so many exciting opportunities out there to invest in commercial property.