A prestigious city centre former bank premises was converted into a banqueting suite, events centre and office accommodation. Stuart Rivers Associates generated Capital Allowances equivalent to 50% of the conversion costs.
This midlands mixed development was constructed for £16,000,000 and comprised a 13-storey hotel plus low rise offices, retail units, conference centre and apartments. It was then retained as an investment.
The acquisition of a former manor house in the north of England which was already trading as a hotel produced a Capital Allowance claim despite there being a previous claim by the seller and therefore a Section 198 Election in the sale contract plus a previous Hotels Allowance claim.
An investor acquired over many years a portfolio of 8 retail units throughout the North West. After proving that the investor was entitled to an unrestricted claim Stuart Rivers Associates apportioned the purchase expenditure for all 8 units.
A well-established property in a Midlands market town was acquired by private investors. The Seller had made no claim to Capital Allowances and in our research into the history of the property we discovered that the only other former owner was a pension fund who is not eligible to claim Capital Allowances.