Frequently Asked Questions

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The perception that the high street is dead is a common narrative, amidst the evolving retail landscape, it's important to recognise that certain sectors, such as blue chip tenants specialising in fast food delivery, are not only surviving but thriving in this environment. Despite the challenges posed by COVID-19 and lock-down measures, these businesses have demonstrated resilience and adaptability. In fact, they have emerged even stronger than before, capitalising on the increased demand for convenient and contactless services. Their ability to navigate these circumstances successfully serves as a testament to the enduring potential of the high street. 

High Street Highlights:

1. Adaptation and Tech Integration: High streets are evolving with tech advancements, blending online and offline experiences to meet changing consumer demands.
2. Community Appeal: High streets offer a unique shopping experience and a sense of community that online platforms can't replicate.
3. Local Charm: Featuring diverse local businesses and indie retailers, high streets provide unique products and personalised service, setting them apart from mass-market offerings.
4. Leisure Destination: Transforming into vibrant hubs, high streets now boast cafes, restaurants, cinemas, and cultural venues, making them leisure and entertainment destinations.
5. Re-purposing Efforts: Some high streets are undergoing redevelopment, converting spaces into residential units, co-working areas, or community hubs to breathe new life into the area.
6. Government Support: Recognising their importance, governments are backing high streets with funding, tax incentives, and policies to revive town centres and support local businesses.

There is a well-established organisation called Royal Institute of Chartered Surveyors (RICS) that specialises in vetting the condition and strength of leases before they can be financed. These commercial surveyors are professionally trained to value all the conditions of lease contracts for banks and money lenders. They typically charge between £300-£2,500 for the report. 

The UK boasts a vast array of rented commercial properties, with blue chip companies as tenants that have weathered recessions, wars, and even the recent challenges posed by COVID-19. These properties are spread across the country, catering to the demand for office spaces, retail units, and industrial facilities. With a resilient market and ongoing development projects, there are ample options available to meet the demand for rented commercial properties in the UK.

In the 3MM method, we have carefully selected a professional team consisting of various experts to ensure a comprehensive and successful investment process. I will provide only basic details at this stage, I can provide a general overview of the professionals involved:

In the 3MM method, a team of experts guides investors through the commercial property investment process:

1. Consultants (3): Offer key guidance and advice, providing expertise in navigating the rented commercial property market.
2. RICS Commercial Surveyors (45): Specialised in property valuation, ensuring accurate investment decisions by assessing market value and property condition.
3. RICS Commercial Surveyors for Investment Yield (3): Assign investment yield to assess tenant company risk, determining potential returns and investment stability.
4. Lawyers (3): Handle legal aspects, including contract review, compliance, and legal advice throughout the investment process.
5. Bank Managers (15): Assist with financial matters, from setting up accounts to managing transactions and providing financial guidance.
6. Auction Houses (3): Selected from a pool of 65, these houses provide buying opportunities if desired.
7. SSAS Administrators (3): Manage self-administered pension schemes, offering expertise in pension-related matters.

This collaborative team ensures a seamless investment journey, with their combined expertise contributing to the process's overall effectiveness and reliability. Specific professional details will be shared when you decide to proceed with the 3MM method.

Buying a property involves a team of key professionals working together to ensure a smooth and successful transaction. This includes lawyers and solicitors for legal aspects, RICS commercial surveyors for property assessment, money lenders and banks for financing, consultants for guidance, HMRC for tax matters, SSAS administrators for pension schemes, accountants for financial aspects, and bank managers for transaction assistance. Their collaboration ensures a seamless property purchase on your behalf.

As the main consultant in the 3MM method, I play a pivotal role in the success of the process. My responsibilities include:

1. Conceptualisation: I originated and brought the 3MM method to market.
2. Team Building: I assemble specialised teams for each project, including lawyers, surveyors, accountants, and other experts, tailoring the team to project needs.
3. Property Qualification: Actively searching for properties meeting 3MM criteria to ensure the potential for desired investment yields.
4. Yield Estimation: Assessing and estimating potential investment yields before the RICS surveyor's report, aiding informed decision-making.
5. Coordination: Organising and coordinating professionals involved in property purchase, ensuring efficient collaboration.
6. Bank Account Setup: Facilitating the setup of bank accounts for newly formed companies associated with the purchase, ensuring financial compliance.
7. Client Communication: Maintaining ongoing communication with clients, keeping them informed, addressing concerns, and providing guidance throughout.
8. Document Management: Gathering necessary documents for property purchases, ensuring compliance with legal and financial requirements.
9. Refreshments: Ensuring everyone stays energized with a touch of hospitality.

My overarching goal is to oversee and facilitate the entire process, creating a seamless and successful experience for our clients.

In the 3MM method, finding a tenant is not a concern or a time-consuming process. This is because 3MM specifically focuses on properties that already have long-standing tenants in place. These tenants have been occupying the properties for many years, and their leases extend well into the future. This provides stability and ensures a consistent income stream for years to come.

By selecting properties with established tenants, 3MM eliminates the need for extensive tenant search and reduces the time it takes to secure a tenant. This approach offers peace of mind to investors, as they can rely on the existing tenant's track record and the assurance of a continued lease agreement.

The primary focus of 3MM is to identify properties with reliable and long-term tenants, providing investors with a stable and predictable income stream. This approach saves time and effort in the tenant acquisition process, allowing investors to enjoy the benefits of a ready-made tenant from the moment they acquire the property.

The responsibility for making the mortgage payments lies with the investor (you). However, the unique advantage of the 3MM approach is that the rents are received three months in advance. This means that you will have the cash in the bank well before the mortgage payment is due, ensuring that you can make the payment on time without any financial strain.

 In the 3MM method, lease terms for properties typically range from a minimum of 3 years to a maximum of 25 years. Each lease is unique, reviewed thoroughly before purchase. Determined by factors like landlord-tenant agreements and property use, longer leases offer stability and predictability, ensuring a consistent income stream. The property purchase process includes a careful examination of the lease agreement, assessing terms, and aligning with investors' long-term goals. It's crucial to review specific lease agreements for each property to understand the duration and associated conditions, ensuring awareness of rights and obligations for both tenants and investors. 

We appreciate your cautious approach and acknowledge that scepticism is natural when encountering something seemingly too good to be true. However, the 3MM method is the result of extensive collaboration with top professionals, backed by significant experience and a commitment to providing a valuable program.

Our team has dedicated substantial time and effort to curate best practices in rented commercial property, leveraging the expertise of lawyers, surveyors, accountants, and others to ensure a well-informed and reliable program.

The goal is to offer you an opportunity to benefit from our accumulated knowledge and experience. We believe in the potential of the 3MM method to provide a stable and profitable investment avenue in the rented commercial property market.

While scepticism is natural, we encourage you to consider the hard work, expertise, and collaboration behind the 3MM method. We are confident it can offer a unique and valuable opportunity in the world of rented commercial property.

If you have specific concerns or questions, we are here to address them and provide further information. We genuinely hope you see the potential in working together and exploring the possibilities that the 3MM method can offer.

We acknowledge concerns around the notion of a "get rich quick" scheme and want to clarify that the 3MM method is not about making unrealistic promises or shortcuts to wealth. Instead, it is a comprehensive approach developed through extensive education, research, and collaboration with professionals.

The commitment to success involves years of education, mentoring, attending seminars, fact-finding, and investigations. This effort establishes a solid foundation for the 3MM method. We've invested years in time and effort to understand the market, vet property sources, and build relationships with trusted service providers.

By leveraging the expertise of 3MM, you can benefit from their knowledge and experience without navigating the same extensive learning curve. Our team has identified opportunities, assessed risks, and developed a structured approach to investing in rented commercial property.

It's crucial to recognise that all investments carry inherent risks, and success is not guaranteed. The 3MM method aims to provide a well-researched and structured approach to mitigate risks and maximise potential returns. However, careful evaluation of information, consideration of your goals and risk tolerance, and making an informed decision are essential.

No one can predict the future with certainty, and while we cannot guarantee outcomes in the face of unforeseen circumstances like another lock-down, it's crucial to consider the resilience and track record of companies selected through the 3MM method.

The tenants chosen for rented commercial properties have demonstrated resilience through challenging times, including recessions, wars, and the recent COVID-19 pandemic. Their proven adaptability has contributed to their long-term success.

During previous lock-downs, companies evolved, finding innovative ways to operate and discovering new efficiencies that enhanced their profitability. This adaptability and resilience provide confidence in their ability to navigate future challenges.

While all investments carry inherent risks, careful due diligence, including assessing the stability and track record of involved companies, is essential. By considering historical performance and resilience, investors can make informed decisions aligning with their goals and risk tolerance.

It's crucial to acknowledge that investing always involves some level of uncertainty. However, assessing the historical performance and resilience of companies allows for a more informed decision about the potential for success amid future uncertainties.

If you have specific concerns or questions, please feel free to ask. We are here to provide the information and support needed for an informed decision about the 3MM method.

In the event of financial difficulties or bankruptcy faced by a tenant, the 3MM method incorporates key indicators and measures to mitigate potential risks:

1. Rent Payment Structure: Rents are received three months in advance, providing a buffer for early detection of potential issues with payments.
2. Monitoring and Communication: Regular monitoring of rent payments is complemented by a structured communication process. Late payment letters are sent after one week of non-payment, followed by a second letter after two weeks. If arrears persist for 21 days, eviction rules for commercial letting can be initiated, providing swift resolution.
3. Eviction and Recovery: In the unfortunate event of eviction, the 3MM method allows for changing locks and auctioning off the tenant's goods, stock, and equipment to cover losses, helping to recover outstanding rent and mitigate financial impacts.
4. Thorough Background Checks: Before property purchase, thorough background checks on the tenant's company are conducted through a RICS commercial surveyor. This includes assessing financial stability, creditworthiness, and overall business performance, aiding in risk identification and informed decision-making.

While these measures aim to mitigate risks, it's crucial to acknowledge that no investment is entirely risk-free. Economic conditions and unforeseen circumstances can impact businesses, including tenants. The 3MM method seeks to minimise risks through careful tenant selection, proactive monitoring, and appropriate actions in case of financial difficulties. Conducting due diligence, seeking professional advice, and carefully evaluating potential risks and rewards are essential steps before making any investment decisions.

Absolutely! As an investor, you have the option to sell the property at a later date. The 3MM method provides you with the knowledge and understanding of the investment yield method, as applied by the RICS commercial surveyor, to properly value your commercial property. This ensures that you have a clear understanding of the property's worth and true potential value and returns.

Once the paperwork is registered at the land registry and Companies House, you have the flexibility to sell the property as soon as one month after the registration. This allows you to capitalise on opportunities or make strategic decisions based on your financial goals and market conditions.

It's important to note that the 3MM method is designed to help you achieve a lucrative financial future and provide you with the time freedom to spend with your loved ones. Each step and component of the method is carefully crafted to enhance your journey and make it more enjoyable.

When considering selling the property, it's advisable to consult with professionals, such as commercial property agents or property experts, to ensure you make informed decisions and maximise your returns.

Remember, the 3MM method is designed to empower you as an investor and provide you with the tools and knowledge to navigate the rented commercial property market successfully. If you have any specific questions or concerns about selling the property or any other aspect of the 3MM method, please feel free to ask. We are here to support you on your financial journey.