03May 2011 by David Ajsose

New serviced office for Eastside Properties’ “man of action” in Nottingham

20 Fletcher Gate News, Case Studies, Celebrity News, Client Profile, Commercial Property, Exeid News, Nottingham, Office space, serviced office space
[caption id="attachment_212" align="alignleft" width="150" caption="David Showing youngsters how to take pictures whilst on duty in Afghanistan"][/caption] Starting your own business can be fraught with danger but when military man David Thomas decided to set up his own business his training and planning for real danger stood him in good stead. In our “Pr profile” series in a couple of months time we’ll find out in detail how David planned, set up and has grown his business in preparation for his retirement from the Army. David has seen active service in Northern Ireland, Iraq and Afghanistan and although still only 30 years of age reached the rank of Staff Sergeant. David set up his business Eastside Properties with partner Peter Richardson just over a year ago and has just been awarded…
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06Apr 2011 by David Ajsose

Commercial property UK – a 3 year view.

20 Fletcher Gate News, Commercial Property, Landlords, Property Purchase, serviced office space
David Ajose CEO of Exeid, the rapidly expanding boutique commercial property consultancy commented on the recent changes in empty rates liability and the further impact of interest rates on the Commercial Property Market.  "We expect interest rates to firm up in Q3 this year adding more pressure on any highly geared property investments. This combined with empty  rates liability charges will mean that the commercial property market will be under pressure for the next two years at least. We think that the market will be no further on, in two years time than it is today. Then we believe that things will begin to improve slowly, towards the end of 2013 and into 2014". Although this may sound a little depressing  to some, David thinks that  anyone with a long term…
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05Apr 2011 by David Ajsose

Reduction in empty rates relief – a blow to landlords and owners of commercial property.

Commercial Property, Exeid News, Landlords, serviced office space
This week has seen a further increase in the tax burden on landlords and Small businesses who own commercial property.  In a further drive to raise revenue by central government, the threshold at which an empty property is liable for full rates has dropped from £18,000 to £2600. This effectively means that many owners of  commercial properties will become liable for huge payments even if their properties are generating a nil income. Richard Priestley, MD of Exeid the boutique commercial property consultancy said "this change is nuts. It would be like taxing PAYE and NI to an employee who was out of work with no income. It makes no logical sense at all.” It is thought that the move will result in a further destabilisation of the commercial property market…
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