Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: JamesV6CDX on 19 October 2008, 20:27:12

Title: I wonder....
Post by: JamesV6CDX on 19 October 2008, 20:27:12
.... what the rent on this might be.....  :-X

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=290267193839&_trksid=p2759.l1259
Title: Re: I wonder....
Post by: HolyCount on 19 October 2008, 20:46:21
Pity ebay sales aren't as binding as eBay like to think they are -- or you could find yourself with a years lease for a quid !!!!
Title: Re: I wonder....
Post by: JamesV6CDX on 19 October 2008, 20:47:00
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Pity ebay sales aren't as binding as eBay like to thinki they are -- or you could find yourself with a years lease for a quid !!!!

Lol.... I was tempted to click the button ;D
Title: Re: I wonder....
Post by: HolyCount on 19 October 2008, 20:49:07
Quote
Quote
Pity ebay sales aren't as binding as eBay like to thinki they are -- or you could find yourself with a years lease for a quid !!!!

Lol.... I was tempted to click the button ;D

Well -- apart from the migs -- between us HN03 and I are building a couple of buggies and 1 maybe 2 Dominoes, as well as stripping out the donors --- could do with that sort of space  ::)
Title: Re: I wonder....
Post by: Bandit127 on 19 October 2008, 20:49:56
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Pity ebay sales aren't as binding as eBay like to thinki they are -- or you could find yourself with a years lease for a quid !!!!
IIRC if you purchase the right to a place of business like that, you become accountable for the entire contracted lease.

Which could be 25 years of £1000 a week expense...

I stand to be corrected.
Title: Re: I wonder....
Post by: HolyCount on 19 October 2008, 20:54:06
Quote
Quote
Pity ebay sales aren't as binding as eBay like to thinki they are -- or you could find yourself with a years lease for a quid !!!!
IIRC if you purchase the right to a place of business like that, you become accountable for the entire contracted lease.

Which could be 25 years of £1000 a week expense...

I stand to be corrected.

Depends on what the sellers interest is and whether you'd be taking over his lease or if he is granting a new lease ( if he is the freeholder) or a sub-lease (if he is the head leaseholder).

He is purporting to sell a years lease only -- not the remaining term of any standing lease.

Lots of potential pitfalls -- but all depends on what is exactly on offer
Title: Re: I wonder....
Post by: STMO123 on 19 October 2008, 21:04:20
If you are really considering it James you must get a solicitor to look after your interests. More expense I know, but could be a lot less expense in the future.
Title: Re: I wonder....
Post by: Albatross on 19 October 2008, 21:04:32
Repair work of any kind is where to be in a recession.

People hang on to stuff rather than chuck it and replace. I was reading that, in general, business such as cobblers have seen an upturn of business of 20 - 25% in recent weeks. I reckon now is the time to be running a repair garage.
Title: Re: I wonder....
Post by: Albatross on 19 October 2008, 21:06:08
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If you are really considering it James you must get a solicitor to look after your interests. More expense I know, but could be a lot less expense in the future.

Fairly central too. Have a look at the general OOF member distribution on the map.

I reckon you'd definitely need to generate a lot more than just OOF members though to keep it going and pay the staff etc.
Title: Re: I wonder....
Post by: Elite Pete on 19 October 2008, 21:46:57
If its that good, why hasn't his mechanic snapped it up ::)
Title: Re: I wonder....
Post by: Mr Skrunts on 19 October 2008, 21:49:54
Do yourself a business plan with trading and cash flow forecasts, then see if you want click the button and commit. :y
Title: Re: I wonder....
Post by: PaulW on 19 October 2008, 21:49:58
Out of interest, how much was the place timbuk had down in Shifnal??
Title: Re: I wonder....
Post by: Martin_1962 on 19 October 2008, 22:02:55
Where is it?