I am currently adding value to a block of shops I recently bought. Tidying up the leases, increasing the rent, and cosmetic work on the property.
The interesting bit that might be worth writing about is if I add in a new shop to the existing block (would be subject to council consent). But its best not to be greedy, the yield can be lifted from 9% to 12% without doing the new shop.
Perry feel free if you think any of this is worthy of its own thread (I'm not sure how to create one).
The interesting bit that might be worth writing about is if I add in a new shop to the existing block (would be subject to council consent). But its best not to be greedy, the yield can be lifted from 9% to 12% without doing the new shop.
Perry feel free if you think any of this is worthy of its own thread (I'm not sure how to create one).
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