New gastro pub site purchased in Little Britain

Richard Cook



Evolve Asset-Focused EIS Portfolios represent a discretionary managed portfolio service bringing EIS tax benefits with a focus on capital preservation and risk mitigation. Our team invests into qualifying EIS companies that bring underlying security through real assets and strong revenues, also offering the opportunity for growth. All Blackfinch investee companies have been granted advance assurance from HMRC.

Investee companies include the Gastro Pub Investee Company, operating in the expanding gastro pub market. Here investments bring strong levels of security and excellent possibilities for growth and development. The company acquires licensed freehold sites primarily in the affluent South East and will then transform each site into the kind of characterful gastro pub that customers favour over chains.

NEW SITE

The latest well-chosen freehold site is in Little Britain, a historic location within the City of London. The bustling area benefits from being within the financial district and in close proximity to the cultural environs of the Barbican, Farringdon and Smithfields, with several busy tube and train stations situated nearby.

With a high footfall from workers, tourists and residents, the location provides a constant flow of customers looking to make the most of leisure time. The team will capitalise on trading potential by tailoring development to the target clientele and offering a distinctive experience.

INVESTMENT OPPORTUNITY

The new site purchase brings issuance of new shares. This is an opportunity for investors to increase shareholdings in investments in a high-end sector.

As with all companies in the Asset-Focused EIS Portfolios, the Gastro Pub Investee Company  provides a high level of asset focus with target returns of £1.10-£1.25. Fees are taken from underlying asset companies with tax relief on the gross investment.

NEXT STEPS

Blackfinch are committed to dealing shares for Evolve Asset-Focused EIS Portfolios prior to the Autumn Budget on 22nd November, as changes to EIS may be introduced thereafter.

Advisers with clients who would like to take advantage of this investment opportunity before the Budget should ensure that cleared funds and applications are received by 21st November. Please note that cheques will need to be with Blackfinch by 14th November.

 

For more information call 01684 571 255 or email enquiries@blackfinch.com