We offer Sale and Leaseback which allows the business to sell all, or part of its commercial property, whilst entering into a long term lease agreement.
This allows you to create separate titles for the land and property in exchange for a lump sum and an annual ground rent payable to the freeholder.
Millerbrook Property Group purchase the freehold (land) for a lump sum and you hold the leasehold title (property) in exchange for a yearly ground rent, so you can retain ownership of the premises.
Unable to purchase your own premises?
We can purchase your ideal property and lease it to you, so it matches your exact requirements.
We have funds in place so can offer a quick and easy purchase without paying for agent’s fees or delays from lenders.
Offers made promptly and no last minute price drops.
We buy:
We were contacted by an accountant representing an engineering company in east Manchester. Although the company was well established, they needed to raise capital quickly to ensure its survival.
The company owned a 14,000 sqft industrial building. A sale was agreed and completed within 4 weeks, providing the necessary cashflow to keep the business afloat, whilst a 10 year leaseback agreement was made giving them peace of mind for long term stability.
In addition, we have also made improvements to the property to enable the company to grow and are very proud to see the company thriving since our help.
The vendor owned a 50,000 sqft mixed use building in the heart of Manchester city centre. However, the whole of the building was not being utilised by the business. We agreed to purchase the building and leased 20,000 sqft of office space back to the vendor. This allowed the business to raise capital without having any disruption to the business.
An agent introduced us to an owner occupier who needed to raise capital but was unable to get a bank loan. It was vital to the vendor to continue to run their hairdressers from the premises so it didn’t want to affect their customer base. We were able to complete on the sale within 3 weeks and agreed to leaseback the ground floor to the vendor, so they were able to raise capital but also reduce their liabilities by releasing the upper floor.
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