Commercial Estates

The boom of the real estate industry is directly proportional to the number of fraud cases and other illegal schemes across the United States. There are more than a hundred families that are being victimized by this kind of fraud every year. For the succeeding years, the number of these fraud cases even seemed to have doubled.

As an act to solve this growing dilemma, the IRSCI or the Internal Revenue Service Criminal Investigation has initiated formal investigations regarding these fraud cases in the real estate industry. With the help of the IRS, real estate brokers and the typical buyers are beginning to see some light with regards to the resolution fraud issues.

Financing of commercial estates are entirely different from financing of residential estates. The process can be very difficult especially for first time borrowers. With commercial estate financing, the lender looks at the long term profitability of your property. For this purpose, it must be made clear to them how you intend to use property so they can appreciate future profitability. The actual location of the property plays a big role whether you will be able to secure that loan. Size and type of commercial property will also come into play with the history of the property being scrutinized carefully. And as with any financing, risk plays a major role, how risky will it be for them to lend you the money. Taking all of this into account will determine if you can close that loan.

Kays Commercial Estate Agents are a well known, independent, local firm, that has specialised within the commercial marketplace since 1948. The business was founded by HJW Kay on the basis of providing a personal service to both buyers and sellers of commercial properties, including retail businesses and hotels. This personal service has always been a key feature of Kays business and all the sales staff are fully conversant with every aspect involved in the sale of a commercial property.

Having been involved in business for many years, Kays Estate Agents acknowledge the fact that the majority of enquiries are looking at venturing into business for the first time and need help and guidance in every area of purchase. eg: accounts, finance availability, areas, leasehold or freehold, surveys, insurance etc.

Blackpool and the Fylde Coast has always held a special corner with a majority of the UK population. There is no better place to start on the business ladder, with the town attracting over 17 million visitors a year - and being the UK’s most popular seaside resort. Stretching from Lytham to Fleetwood, the Fylde Coast is worth considering, with commercial properties from takeaways to hotels and shop units in abundance.

Kays Estate Agents displays a large selection of commercial properties within its showroom, and anyone visiting the office will always be made welcome. The experienced staff will make one feel at ease as they guide them through the business jungle.

We hope you enjoy your visit to our website and browse through our wide range of commercial properties. Whether you want a guest house in Bispham, a shop unit in Fleetwood, or a takeaway near Manchester Square, Kays Estate Agents will be of assistance.

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Commercial estates cover a wide range and diverse group of structures and uses. This type of investment can also cover vacant or idle lands. Learning the types of commercial estates can help you to tailor fit the use of your investment depending on the location and the projected demands of the market.

The common types of commercial estates are:
1. Multi-Family � this type includes duplex and other structures that are meant of habitation and occupancy of various families. Condominiums may also fall under this category because they are constructed as a group.
2. Retail Space � usually included in this classification are restaurants, electronic stores, clothing stores and the like. This is for businesses involved primarily in retail.
3. Office Buildings and Complex � single commercial structure that houses one office or different offices fall under this type of commercial estate. Rental payments for the use of office space is the owner�s source of income.

The whole purpose of investing in a commercial estate is to make a profit on your initial investment. There are a number of ways in turning your commercial estate into a money making venture but probably one of the simplest thing to do especially if you are located in a highly populate area is to rent out commercial space to stores and other businesses.

Some things to remember in renting in renting out commercial space is that you need patience because they will not sell like hotcakes. This business strategy takes time but has long term payouts. Next is advertise your property in the most attractive way that you can and finally, price competitively because you are not the only one renting out your business space and you need to get ahead of the competition.

Every incorporated city practically implements a system of zoning in order to regulate the use of properties that exists within its territorial jurisdiction. Prior to the issuance of permits, the city government must first establish whether the location is being used as it is zoned. Therefore, before securing permission to build profit making business like an office complex, the chosen area must be classified as a commercial property. City maps clearly define the boundaries that exist between industrial, commercial and residential properties. If a portion of the proposed construction falls in a zone that is specified for the purpose other than its intended use, the proponents must first secure a permit which would allow them to commence construction despite crossing over to another zone boundary.

It is a common practice to donate commercial estates to the Church or other institutions connected to it. This practice is usually done when a certain commercial estate has already received a significant return on your investment and is now depreciating. The property may now be experiencing some undesirable conditions like consuming management, increased maintenance cost and higher tax payments if sold.

By donating the commercial estate to the Church, there are some benefits that is accorded the owner like:
1. No more management responsibility
2. Non-payment of Capital Gains Tax
3. Reduced Estate Tax
4. Income Tax deduction
5. Fulfillment of Social Responsibility and Personal Fulfillment