From: "Troy Steadman" 
Newsgroups: uk.finance
Subject: Re: Commercial Property - To sell or keep ?
Date: Sun, 12 Dec 2004 14:51:10 +0000 (UTC)
Injector-Info: news.mailgate.org; posting-host=82-43-209-105.cable.ubr10.newm.blueyonder.co.uk; posting-account=125090; posting-date=1102835175

"Mike"  wrote in message
news:320d6rF3grlnhU1@individual.net

Scenario...

> Commercial property currently empty and on the market to let. The
> property value, in terms of "bricks & mortar" is considerably
> less that its value in terms of potential due to the location. It
> could be anything from £100k to £250k depending on who's opinion
> (all professional).

...£100k to £250k...

> A valuation for rental income was given at just under £40k p/a
> and a potential tenant has just offered £38,500 p/a for a 25year
> lease. However they would pefer to purchase at £500k for the
> freehold. 

...doesn't make sense.


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