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Old 30-03-2007, 11:45   #7
WillowTheWhisp
Resident Waffler

 
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Re: £400,000 for a shop front in Accrington

The current tenants pay £30,500 a year rent. One is fairly new and if the business fails (although in the present HBC climate that may seem unlikely) then that income has gone. The other is fairly likely to stay put, but no guarantee. Offices currently unoccupied.

Is that a worthwhile return on £400,000? I think I'd look again at my £400,000
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