The Value of Secure Income in Times of Uncertainty…..

Wednesday 27th May 2020

It’s been some time since we last provided a ‘news’ update from LPS and we are hesitant to call this news, which has so many negative connotations these days.

So, lets call it an update….

Over the last few years as we have brought our quality syndicate investments to investors, we have sometimes received comments about diversity of sectors, because we have generally offered retail food C-store investments.

We did listen to those comments, reflected on them, but always felt that new build properties (mostly!), let to large experienced national operators in the retail food sector offer one of the most secure options we could find. Whilst there are more secure covenants, balancing an attractive return, costs and ease of management (costs, again!) we also important considerations and tended to bring us back to early stage investment with developers of the C-Stores, pre-let to operators we knew and found reliable.

What’s prompted us to provide this update is to remind us all, that our syndicated commercial property investments have continued to perform, deliver that steady reliable income throughout the current pandemic and indeed our anchor tenants have been in one of the most successful sectors in the last 3 months.

Whilst there is chaos, uncertainty, fear and threats all around us, it is sometimes re-assuring to know that your income is secure, steady and reliable – and long may that continue!!

If you appreciate the trade off between liquidity and security of income, take a look at our latest syndicates and the terms on offer – Egstow Park for example, provides a 5.8% p.a. gross income from Practical Completion at the end of this year, with 5% p.a. interest paid during the construction phase. Backed by strong national and international operators, Home Bargains and Costa Coffee, it is proving to be very attractive and we still have some space left.

Get in touch……

Andy, Steve & Hayley

The LPS Team