£2.1Bn commercial property transactions in November 2015

Recently issued Statistics issued by the government (1) show that there were 8970 (seasonally adjusted) non-residential property transactions in October 2014.

Based on the many commercial properties we have surveyed, and supported by RBS (2) the average bought price for a commercial property is around the £236k mark. This means Commercial property transaction of around £2,116,920,000 – £2.1BN last month alone.

If we also assume that the Capital Allowances yield is a little over 20% of the purchase price, then this equates to a massive £423M of potential Capital Allowances tax relief to the new owners.

 

I have just one question about Capital Allowances….

Have you claimed yours?

 

(1) – Source ONS Property stats :- https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/486888/UK_Tables_Dec_2015__cir_.pdf
(2) rbs website:-  http://www.rbs-businesssense.co.uk/Rightmove.html

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