Store First Self Storage
Available for Cash Purchase or through a SIPP
MAPgpi are delighted to offer an investment opportunity in Store First Ltd, a new self storage concept with guaranteed income from a high yielding, hassle-free investment which has been specifically designed to meet the needs of today's astute investor. Self Storage companies have seen the highest growth and highest yielding returns within the commercial property sector in the last decade.
Store First self storage centres provide a modern and convenient way for both individuals and businesses to manage belongings, equipment, furniture, stock and any other storable items in a secure and safe storage facility with 24-hour access 7-days a week. Storepods come in a variety of sizes and have all the facilities and support provided by Store First's management team at very competitive rental rates.
Store First Ltd are introducing self storage centres throughout the United Kingdom. Using the same successful strategy as many other large self storage companies around the country, but incorporating an improved business model and profit driven marketing strategy.
Why Invest
- You will receive a 6 year lease in place upon completion with Store First Management Ltd.
- The lease produces an excellent return of 8% (guaranteed for the first 2 years) rising to over 12% in years 5 and 6.
- The lease contains upward-only rental reviews and break clauses for both parties every two years.
- New purpose built self storage facilities in the best locations with high visibility to traffic flow on main roads or motorways.
- A hands-off, hassle-free investment fully managed and maintained on your behalf by Store First Management Ltd.
- A unique investment opportunity in what is currently the strongest sector within the UK's commercial property market.
- Independent pension and financial advice available on request
Return on Investment
The following examples are for illustration purposes and are based on the minimum initial investment of £3,750. Typical investments now exceed £60,000 per client. Maximum investment level is £1,000,000.
Total Return
Including the income, this gives a forecast total return of £7,765 over 6 years, or 108%
Store First Ltd plan to have all of their sites at 80% occupancy within two years, giving them revenue from three income streams:
- Service charges
- Management charges
- Sales of other products such as packaging, gloves, tape and boxes. Sales of these products can contribute as much as 25% of the total revenue of a storage site.
This gives them a large margin of comfort to pay Storepod owners their fixed rental payments and the fact that the agreement between Store First Management and the Storepod owners contains upwards only rental reviews is an indication of their confidence in their business model.
Income
All figures are net of costs
Initial Investment £3,750
Year 1: 8% - £300
Year 2: 8% - £300
Year 3: 10% - £385
Year 4: 10% - £385
Year 5: onwards 12% - £470
*Year 1 & 2 are fixed, years 3 onwards are forecast returns and could vary.
Capital Growth
The rent per square foot paid to investors by Store First Management Limited is scheduled to grow from £17 per SqFt in years 1 & 2, to £21 per SqFt in years 3 & 4, to £25 per SqFt in years 5 & 6.
Based on the capital value being 8.8 times rental yield in years 3 & 4 the Storepod will be worth £4,632 and in years 5 & 6 £5,514
For more information please contact:
Donald Paterson, Managing Director, MAPgpi on 01294 317214
or complete the enquiry form.
