Self-Invested Personal Pension Solicitors

Putting a commercial premises into a Self-Invested Personal Pension scheme (SIPP) and leasing it back to the company that runs the business can be a sensible and extremely tax-efficient way for small business owners to plan for succession and retirement.

Barcan+Kirby’s commercial property team have plenty of experience of acting on behalf of SIPP providers and those looking to invest in SIPPs. We are adept at dealing with a range of SIPPs and their often extensive requirements.

Contact our commercial property lawyers in Bristol

We pride ourselves on being responsive, providing practical and clear advice to clients. To arrange a consultation with someone in our specialist team about investing in SIPPs, call us on 0117 325 2929 or complete our online enquiry form.

How do SIPPs work?

Put simply, SIPPs are a type of personal pension. You add money to your pension as and when you like, and the government pays in an extra 20% in tax relief.

SIPPs are an individual contract between you and a pension provider, however, they give you greater flexibility in terms of where you can invest, compared to the average personal pension or group pension.

Through a SIPP, you can invest in a range of assets, including:

  • Commercial property and land;
  • UK and overseas stocks and shares;
  • Unlisted shares;
  • Collective investments (such as open-ended investment companies and unit trusts); and
  • Investment trusts listed on any stock exchange

You can also borrow money through a SIPP to purchase some investments, such as raising a mortgage to part-fund a property purchase. The property can then be rented out and the income from that, received by the SIPP, can be put towards mortgage repayments and any running costs.

Can I invest residential property in a SIPP?

Residential property isn’t ordinarily allowed in SIPPs, and we can help separate any residential part from a mixed-use property to ensure it’s eligible.

What are the benefits of owning commercial property in the name of my SIPP?

As mentioned above, SIPPs are a very tax efficient way of holding property.

Investing in commercial property using a SIPP provides an opportunity to ensure the property is statutorily compliant, as the professional pension trustees won’t allow any property to be held by the scheme without a solicitor ensuring it is compliant. Our commercial property lawyers can guide you through this process.

Is a SIPP suitable for me?

A SIPP is beneficial for those comfortable with making their own investment decisions and who want a wider range of investments. It’s also suitable for those with a larger pension pot or those who will be making significant pension contributions.

SIPPs can also be a good option if you’re looking to consolidate all of your pensions into one place or entity.

Need advice on SIPPs? Get in touch

Our commercial property solicitors work with clients all over the UK, from our offices across Bristol and the surrounding area in BedminsterBishopstonCliftonKingswoodQueen Square and Thornbury.

If you have set up a SIPP and are looking to invest in commercial property, or to talk through your options, call our specialist lawyers on 0117 325 2929 or fill out our online enquiry form.

    Close

    How can we help you?

    We’re here to help. Please fill in the form and we’ll get back to you as soon as we can. Or call us on 0117 325 2929.






    • "I was very grateful for the help Salma gave me in the sale of my land. It was trying times but she was always there for a query. Thank you."
      AudryCommercial Property Client
    • "We worked with Salma Maqsood when we acquired a new industrial unit in Warmley, Bristol. Very thorough and professional throughout."
      Steven, Barrettine GroupCommercial Property Client
    • "We used Salma Maqsood to do the conveyancing for the purchase of a barn to convert into our home and we thought she was excellent. Professional, responsive and explain legal wording very clearly. Highly recommended."
      StaceyCommercial Property Client
    • "I wanted to thank you and your colleagues for your help in concluding the sale of the land. It was a difficult process that you handled very well and I think everyone is glad it ended so successfully."
      PeterCommercial Property Client
    • "We continue to encourage our agents to recommend purchasers use Barcan+Kirby – we know our sale will be in safe hands if they are at the forefront."
      New Build ClientCommercial Property