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Landlords on the High Street
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Anotherjohn


Posts: 380
Joined: May 2005
Post: #1
11-09-2012 09:49 PM

I can see where you're coming from. But this type of investment can be quite onerous. The Lease will contain all sorts of sub-letting restrictions and there will be rent reviews, which could be as frequent as every 3 years. There will also probably be an obligation for the Lessee to repair the whole building - including the window frames - and this could stipulate that it's done to a very high standard. All of this will also mean that the Landlord would need to be satisfied that the ingoing Lessee has the financial clout to cover all of the aforementioned costs. I reckon they'll be very lucky to get anything like the £130k asking price.

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Messages In This Topic
Landlords on the High Street - michael - 11-09-2012, 11:55 AM
RE: Landlords on the High Street - AMFM - 11-09-2012, 02:12 PM
RE: Landlords on the High Street - michael - 11-09-2012, 04:54 PM
RE: Landlords on the High Street - Anotherjohn - 11-09-2012 09:49 PM
RE: Landlords on the High Street - BobbyL - 12-09-2012, 03:16 PM
RE: Landlords on the High Street - P1971 - 12-09-2012, 10:25 PM
RE: Landlords on the High Street - SEN - 16-09-2012, 04:18 PM
RE: Landlords on the High Street - michael - 20-09-2012, 12:11 PM
RE: Landlords on the High Street - lacb - 24-09-2012, 11:49 AM
RE: Landlords on the High Street - FHSoc - 24-09-2012, 01:27 PM
RE: Landlords on the High Street - Belle - 24-09-2012, 01:52 PM
RE: Landlords on the High Street - wilde - 12-10-2012, 09:52 PM

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