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Northern Plan B'ers

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    #11
    Originally posted by MarillionFan View Post
    Offsetable, tax relief and the opportunity to make a bundle in the future.

    I was looking at a shop for sale down in Hampshire with a 13% yield. Of course won't go fo that, but then saying that the last one I saw(where I couldnt be bothered to go to the auction) was up for start £55k with a £7.5K a year rent with a long term tenant. It only went for £57k!
    If its coral's or tesco's in it then I think you are sure to get the money to the end of the lease. Otherwise I would run a mile.

    I've already heard of a few phoenix company closures merely to escape lease agreements.
    merely at clientco for the entertainment

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      #12
      Thanks for the link. Very interesting.
      ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

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        #13
        Originally posted by MarillionFan View Post
        Latest list of commercial property for auction. Mostly up North, some very interesting pubs in receivership for sale.


        Allsop LLP Commercial Online Catalogue - Auction Home
        If you are interested in northern ventures, then Pugh Auctions may be a better bet.

        We nearly bought the pub down the road from us last year, but it sold just prior to the auction and before we could get a decent look round.
        Best Forum Advisor 2014
        Work in the public sector? You can read my FAQ here
        Click here to get 15% off your first year's IPSE membership

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          #14
          Financial adviser fella i know (millionaire own business) says its a good thing to look into and he as several industrial units, the returns are good but its the same as buying houses you need the unit in the right up and coming area or where there are a large amount of existing units that are occupied already

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            #15
            Thanks for the links.
            one day at a time

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              #16
              Originally posted by Support Monkey View Post
              Financial adviser fella i know (millionaire own business) says its a good thing to look into and he as several industrial units, the returns are good but its the same as buying houses you need the unit in the right up and coming area or where there are a large amount of existing units that are occupied already
              Which means not oop north.

              Which means "how much!"

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                #17
                Always amazes me how many financial advisers are stinking rich, but their clients aren't. Similar to those selling courses and books on how to become a forex trader millionaire.

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                  #18
                  Originally posted by DimPrawn View Post
                  Always amazes me how many financial advisers are stinking rich, but their clients aren't. Similar to those selling courses and books on how to become a forex trader millionaire.

                  So following those forex trades work well then?
                  merely at clientco for the entertainment

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                    #19
                    Originally posted by eek View Post
                    So following those forex trades work well then?
                    Best not talk about that.

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                      #20
                      was there not a bbc programme some while ago documenting commerical buildings being let out as residential on a short term basis? i think one of the cases was about some guy renting a empty church on a short-notice basis and relatively low rent. As part of the deal the guy has to basically look after the church until someone wants to rent it as a church or buy it right out. so may be that will cover some of the business rates for these commerical buildings?
                      Happy days every day...just keep invoicing.

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