2 pictures
Flat
·
for sale
£ 6,100,000
New
8 bed flat for sale
ME11
· 8 Bedrooms · Flat
ME11 · 8 Bedrooms · Flat
The 4 remaining apartments can be purchased as an investment with good capital growth potential and with the freehold, for a fixed price ?6.1m by way of share transfers, saving on Stamp Duty of circa ?700,000 and owning an offshore company with substantial tax benefits. The properties can be rented out for approx ?4,500 to ?5,500 per month, circa ?20,000 per month. Buying 100% of the shares of Executive & Waterside Properties Ltd, a Guernsey based company with many tax advantages.Whilst Apartment 3 has been sold on a long lease for ?1.65m, we still own the freehold and should an investor want to also purchase Apartment 3's lease so they own all 5 apartments in the building, then there is a strong possibility of the company buying back Apartment 3's lease.The Guernsey company, Executive & Waterside Properties Ltd has built Thames View, a very exclusive development of 5 luxury apartments, in Grand Parade, Leigh-on-Sea, SS9 1DX, the best in the Essex. Apartment 3 has sold at ?1.65m. Each
The 4 remaining apartments can be purchased as an investment with good capital growth potential and with the freehold, for a fixed price ?6.1m by way of share transfers, saving on Stamp Duty of circa ?700,000 and owning an offshore company with substantial tax benefits. The properties can be rented out for approx ?4,500 to ?5,500 per month, circa ?20,000 per month. Buying 100% of the shares of Executive & Waterside Properties Ltd, a Guernsey based company with many tax advantages.Whilst Apartment 3 has been sold on a long lease for ?1.65m, we still own the freehold and should an investor want to also purchase Apartment 3's lease so they own all 5 apartments in the building, then there is a strong possibility of the company buying back Apartment 3's lease.The Guernsey company, Executive & Waterside Properties Ltd has built Thames View, a very exclusive development of 5 luxury apartments, in Grand Parade, Leigh-on-Sea, SS9 1DX, the best in the Essex. Apartment 3 has sold at ?1.65m. Each
£ 6,100,000