Empire Property Holdings Loan Note - Phase 3

Investment Summary

 LOAN NOTES?

 

Phase 3 Launch for Empire Property Holdings Loan Note - crowdfunding real estate

Empire Property Holding was incorporated on 14 August 2015 as a special purpose vehicle (SPV) set up to attract new inward investment.. The Company will acquire commercial properties for development into residential accommodation by the Developer (the “Developments”), Empire Property Concepts.

The Developer is a separate limited company that will project manage the Developments. The Developer will also manage the lettings of the Properties and will liaise with its private and council letting contracts to secure lettings in order to provide funds out of which the capital and interest returns to Subscribers will be met. The opportunity is available only to certain specified persons and involves a subscription for the Loan Notes. The subscription funds received by the Company will be used solely to purchase and develop the Property.

 

After the successful 6m GBP raise for Phase 1, Empire Property Holdings Ltd are now launching phase 2 and are again offering loan notes to investors that are seeking a secured fixed return on their capital, with tangible security, via a first and only legal charge which is registered at the Land Registry. The legal charges are held by independent security trustees on behalf of the loan note holders.

 

The loan note holder is effectively ‘the Bank’ & is very similar in nature to residential development funding or bridging finance offered by UK financial institutions. It offers financial lending in return for a pre agreed interest rate & security via a legal charge.

 

The cost of every project and every future project can be standardised to provide a business plan for each property. The details of each potential project will be inputted into a feasibility spreadsheet and the viability can be quickly assessed. The main factors affecting the project are the purchase price of the property and the cost of renovation. These factors are controlled as explained below.

 

Each room is given an average cost to complete, which takes into account all aspects of the renovation, project management, administration, licensing, and liaison with councils. The only other factor is the purchase price of the room and therefore in each case, they can identify the purchase price of each room that should not be exceeded.

The developers have experienced an increased demand to not only produce larger developments, such as pubs and of offices but also market them via traditional estate agents. Foreign investors are particularly interested due to the UK’s rental demand & reliable legal system. The Empire Property Holdings Loan Note is structured by JMW Solicitors LLP, a leading North West law firm.

 

 SECURITY OF INVESTMENT

 

There is a first and only legal charge on prime developments sites, with full planning permission or permitted development rights registered at the Land Registry and held by the trustees on behalf of loan note holders.

 KEY FEATURES

 

  • Interest starts the day after your funds are received by the Company.

  • Site visits and face to face meetings can be arranged

  • Loan Note holders will have first legal charge on the Properties

  • Due diligence pack available on request

  • Security Trustees to control investor funds

  • 6 million GBP raised on phase 1

  • A secure, fixed return investment in the UK property market

  • The option for income or growth and a short, 2 or 4 Year term.

  • The developer has a proven track record of developing hundreds of properties with a value in excess of over £33m in the past 7 years.

  • SSAS Compliant

Actual example -Development 1 - Commerce House, Wakefield

The plan would be to convert the building to 45 self-contained apartments using the permitted development right which allows conversion of B1 offices to C3 residential accommodation.

  • £370,000 - Purchase price

  • £1,280,000 - Development costs: (40 x £32k)

  • £1,650,000 - Total cost

  • £260,000 - Income (40 x £125 x 52)

  • £3,250,000 - Valuation based on 8% yield

  • £2,275,000 - Refinance exit (70% LTV)

 

Next Step?

 

For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474 We can send you:

For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474 We can send you:

  • Brochure once you complete a simple factsheet

  • Please note this is only for HNW or Sophisticated investors

  • Please ask us any questions that you may have!

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Emerging Developments SL act as Agent for developers and all products offered to purchasers are strictly on a non-advised sales basis only. The information provided by Emerging Developments SL Limited on behalf of developers is general information only. Purchasers are strongly advised to carry out their own financial and legal assessment of any property offered prior to making any commitment to purchase. Emerging Developments SL is NOT authorised and regulated by the Financial Conduct Authority (FCA) and as such is NOT permitted to offer financial advice about investments, be they regulated or unregulated. Emerging Developments SL does not offer Financial Advice. In case of queries or doubt you should consult an FCA regulated Independent Financial Advisor (IFA).