Acceptable properties.

Acceptable property to be held in a SIPP or SSAS must be commercial, located in the UK and can be either freehold or leasehold.

Here are just some of the properties that can be purchased within one of our self invested pensions:

  • industrial/business units and warehouses
  • offices and shops
  • agricultural land or forestry
  • land for development
  • public houses
  • nursing homes
  • hotels
  • marine berth.

Acceptance of commercial property is subject to satisfactory due diligence. In all cases our Commercial Property Questionnaire must be completed and returned to us for our review and prior acceptance.

However, there are a number of properties that cannot be accepted:

  • residential property: this is not permitted under any circumstances. Commercial property with a residential element, e.g. a retail shop with a flat above, may only be accepted if it can be demonstrated that the residential element is an integral part of the property.
  • ​holiday lets
  • time shares
  • beach huts
  • commercial freeholds where there is also a reversionary interest in residential leasehold within the property
  • student flats unless they are part of a hall of residence directly connected to an educational establishment.

If you have any further queries on whether a property is suitable to be purchase by a self invested pension please contact us.