BUSINESS INSIGHT
BUSINESS OPPORTUNITIES READY AT COMMERCE HOUSE An iconic Teesside building is now ready to start to provide businesses of all sizes with the perfect ambience and business community, thanks to a £1.2million injection from a local investor. Commerce House in Middlesbrough has had life breathed back into its Grade II Listed structure by Commerce Chambers Limited. And a whole host of office space has now been released for use. The building, which was originally built in 1872, is in the heart of the city’s soon to be thriving commercial district and is right next to the train station, a stone’s throw from the A66. Available is a choice of spaces of many sizes, all fully furnished and complete with high-class facilities and high-speed broadband. There are also a number of offers available only until the end of the year, making it an offering too good to be true. The luxury setting boasts a contemporary feel with traditional touches, all finished to the highest of standards. There is also a 43 square metre boardroom, The Chairman’s Room, available for use by tenants or to hire out, which comes complete with high spec technology and total luxury, ideal for presentations, brainstorming or entertaining. There are already a number of tenants in place in their offices, and a number of virtual office customers already benefitting from having a TS1
postcode. Christine Huntington, facilities manager at the building, which was purchased from the North East Chamber of Commerce, said: “The transformation is unbelievable. There is real luxury on offer here, which creates the right impression for visiting clients. Our range of space which has just become available won’t be around for long and with the entire building being completed by the end of the
year, interested parties will have to reserve their space quickly! “As well as the permanent office space, there is a large business lounge perfect for events and hot desk facilities alongside a virtual office service. There are also plans underway to open a coffee shop soon meaning Commerce House really will be a one stop business shop!”
Information and appointments can be made by calling Christine on 01642 917116. Images are available to view on Facebook @CommerceHouse1872 or at www.commerce-house.co.uk
REVISED PENSION RULES GIVE BUSINESS A BOOST AT EXPLORE WEALTH MANAGEMENT Revised rules around pension freedoms has seen a significant increase in the number of people seeking guidance about their retirement funds at Explore Wealth Management. Designed to provide people with more flexibility to decide how and when they access their pension, new legislation which came into play in April 2015, enables over 55s to withdraw as much of their pension pot as they like, when they like, something which has proved extremely popular with the majority of our clients. There are a number of different ways of doing this, some of which are more tax-efficient than others. With help from an accredited Financial Adviser, you can simply close your pension scheme altogether and withdraw all of the cash as a lump sum, assuming you haven’t already accessed your pension funds. Alternatively, you can take smaller amounts from your pension pot to help subsidise some of those larger purchases like paying off a mortgage, or buying a new car. Explore Wealth Management clients, Mr and Mrs Pattinson* recently put the new pension freedoms to good use when they released funds to gift to their daughter for her first house. Because the Pattinson’s daughter didn’t earn a high salary, she needed to find a deposit of nearly £50,000 to make the house that she wanted more affordable.
Our team of friendly, professional Advisers have already helped a substantial number of clients across the North East to benefit from the new pension freedoms.
With help from Explore Wealth Management, the Pattinson’s managed to release this amount from their private pension funds to then gift to their daughter and as an added bonus, we also managed to secure the Pattinson’s a relatively high monthly income for their remaining pension fund so they can still afford to enjoy themselves during their retirement.
If you have a pension valued at £100,000 or over, Explore Wealth Management can provide expert advice and guidance to help you to properly manage your pension and plan ahead for the future.
To find out more, call us today on 0191 285 1555 or visit www.explorewealth.co.uk. 28