Capital Allowances by Property Type
Commercial properties can contain significant levels of qualifying expenditure, but the Capital Allowances opportunity can vary considerably depending on the type of property, how it is used and the investment made in it.
From hotels, care homes and restaurants to offices, warehouses and retail premises, qualifying expenditure can be found within the fixtures, building services and specialist installations needed to operate the property.
Blue Dawn Commercial provides specialist Capital Allowances reviews across a wide range of commercial property sectors, identifying qualifying expenditure following property acquisitions, refurbishments, fit outs, extensions and developments.
Hotels & Hospitality
Hotels, guest accommodation and hospitality properties can contain substantial qualifying expenditure within building services, bedrooms, kitchens, bars and leisure facilities.
Pubs, Restaurants & Leisure
Specialist fit outs, commercial kitchens, bars, extraction, ventilation and customer facilities can create significant Capital Allowances opportunities.
Care Homes
Care facilities often contain extensive mechanical, electrical, fire, security, sanitary and specialist installations throughout the property.
Industrial & Warehouses
Factories, workshops, warehouses and industrial units can contain qualifying expenditure within power, lighting, heating, ventilation and specialist operational installations.
Offices
From air conditioning and electrical systems to data infrastructure, lifts, security and fit outs, office buildings can contain significant embedded qualifying assets..
Retail & Commercial Premises
Shop fit outs, lighting, HVAC, security, electrical installations and customer facilities can all contribute to qualifying expenditure within retail property.
Other Commercial Property
Capital Allowances are not limited to particular sectors. We also review leisure facilities, medical premises, mixed use developments and other specialist commercial properties..
Where Can Capital Allowances Be Found?
While every commercial property is different, qualifying expenditure is often found within the fixtures, building services and installations required for the property to function.
This can include electrical and lighting systems, heating and ventilation, air conditioning, water and sanitary systems, fire and security installations, lifts, fitted kitchens and other fixed equipment.
The nature of the qualifying expenditure will vary considerably between property types. A hotel or care home may contain extensive mechanical and electrical services, while an industrial property may have substantial power, ventilation or specialist installations. Offices and retail premises can also contain significant qualifying expenditure within building services and previous fit outs.
Importantly, these assets are not always separately identified when a property is purchased or when refurbishment expenditure is recorded. A specialist Capital Allowances review considers the property and its expenditure in detail to identify qualifying items that may otherwise have been overlooked.
Common areas of qualifying expenditure
WHEN TO REVIEW
When should a property be reviewed?
There are several points in the ownership of a commercial property when it is worth checking whether Capital Allowances have been fully identified.
Purchasing a Property
Capital Allowances should be considered as part of the acquisition process, particularly where fixtures are included within the purchase
Refurbishment & Fit Out
Refurbishments, extensions and fit outs can contain significant qualifying expenditure that may not be obvious from the project costs
Existing Property Ownership
A claim may still be possible where a commercial property has been owned for a number of years and Capital Allowances have never been fully reviewed
Could Your Property Qualify?
If you own, are purchasing or have invested in a commercial property, it may be worth establishing whether all available Capital Allowances have been identified.
An initial review can help determine whether there is a potential opportunity before you commit to a full Capital Allowances exercise.