Purchase Commercial Property with SIPP

[philipp]

I am purchasing a hotel property which I intend to lease out and would appreciate any thoughts on what might be the most tax efficient way to do this. I currently do not have any pension plan, but would like to put the property into a SIPP. Would the following plan work:

1. Purchase property personally
2. Set up limited company to rent premises from myself and sublet to tenant
3. The limited company would pay me a salary for managing the property
4. I pay all of my salary received from the limited company into a SIPP
5. SIPP will buy commercial property from myself in shares using the salary I pay in - around 5% share per year.
6. I receive money from SIPP tax free (assuming no capital gain) in exchange for the share in the company.

Any advice would be much appreciated!

Thank you.