An interview with Anthony Boyce of The Rocket Group
I talk to Anthony from Rocket Group, a multi-disciplinary property development company, who shares his experiences of developing and running multiple businesses within Rocket group. From investing & developing to architecture and even archaeology. He talks about his background in architecture and his transition into property development., and then we delve into specific projects, such as a church conversion and a mixed-use development, highlighting the planning process and the importance of delegation. KEY TAKEAWAYS Anthony has experience in developing listed buildings and sees opportunities in this area due to less competition. Anthony shared his experience with a church conversion project, highlighting the importance of involving conservation officers early on and presenting extreme versions of the proposed plans to negotiate and find a middle ground. There are challenges in finding properties where the conversion costs are higher than the resale value, which reinforces the need to consider the pound per square foot sale rate in an area. There could be potential impact of future market changes, such as interest rates and inflation, but we should have confidence in the property market's resilience and our ability to adapt to new circumstances. BEST MOMENTS "I've said yes to a lot of things and maybe regretted some of them afterwards." "I think with the free money that was given out basically over COVID, I think that's set a precedent now, hasn't it?" "I just go to sites or go to projects and then try and think of how best to make money on them." "Certain conservation officers would rather see something fall down... it's a very odd environment sometimes." JOIN THE NETWORK If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours. Useful Links: CPI Website - https://commercialpropertyinvestor.co.uk/Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/