Price above includes the tax man’s 20% VAT (£1497 + vat)
Commercial Conversion Intensive Content:
Understanding the Strategies
Prior approval
Class usage
Planning
Permitted development
Types of commercial buildings
Office to residential
Barn conversions
Listed buildings
Convert to rent
Company structure, vat, Capital Allowances
Choosing Your Strategy
Strategy to suit your goals
Your involvement from start to finish
Size and type of development
JV with someone else for bigger deals
Location – town centre, rental/ sales demand
Sourcing the Deal
Your goldmine area
Building a relationship with commercial gents
Viewings
Commercial agents online
Rightmove
Direct 2 Vendor land deals
Social media
Setting up property alerts
Networking
Auctions
Surveyors
Architects
Planning portals
Analysing the Deal
Viewing the property for the first time
Sold prices – comparable’s – sale price per sq ft
Working out the GDV of a development
BCIS – Working out your build costs
Land values
Section 106
Flood risks
CIL – Community Infrastructure Levy
Assessing the property
Cost of surveys/ fees
Finders fees
Demand for sales or rentals
Price per sq foot cost of buying
Basic analyser to see if the deal stacks
Full appraisal
Option agreements
Deal or No Deal!
Your Offer
Making your offer, email, phone call, in person
If your offer isn’t accepted
Putting an offer pack together
Form 1614D to disapply the Vat
Offering Direct 2 Vendor or Direct 2 Owner– purchase / JV/ option contracts
Building a pipeline
Funding the Deal
Joint Ventures
Joint Venture finance
Putting together an investor pack
Brokers
Angel Investors
Bridging
Development loans
100% funding – The options?
Personal guarantees/ non PG’s
Crowdfunding
Your Power Team
Architect
Planning consultant
Structural engineer
Solicitors
Mortgage broker/ bridging broker
Commercial agents
Capital allowances
Insurance
Mentor
Mastermind group
Contractors
Thermal and Acoustic surveyors
Project managers
Quantity Surveyor
Getting it built
Builders
Main contractor
JCT Contracts for your contractor
Minor works contract for your builder
Tier1/2 Contractors
Schedule of works
Gant charts
Construction Design Management (CDM)
Types of construction
Building Control
Site set up
Vat for your builder
Tender packs
Creating a show home for off market sales
Help to buy scheme
The Exit
Convert to Sell
Convert to rent – refinance
Buy To Let
Serviced Accommodation
Houses of Multiple Occupancy
PRS – Private rental sector
Sell to an Investor for 10-15% discount
Title splitting
Valuing freeholds
Off plan sales
Warranties