Retirement income from property?

lostinrates

Dithering_Dad wrote: »

Yes, there are no cinemas anywhere in the country now that we have DVDs, Satelite & cable TV and Freeview and all the other options that mean people don't have to venture out of their houses.

re shoes, pre-school my sister bought shoes from a company where she had to draw round the kids feet and fax the drawings. About the same price as full price ''good'' highstreet kids shoes, and very sweet, plain, supportive shoes. Of course, they grew out of them almost immeadiately :rolleyes:


re cinemas, we rarely, rarely go. We hve a nice cinema locally too, independant, with a bar, one screen and old fasioned red velvet chairs. I just hate cinemas: sting with unknown strangers in the dark where I always manage to sit where people around me are eating with their mouths open, which I can hear despite the deafening volume of sound. And anti -cuddling seating with ridgid plastic arms between oneself and one's partner. Its a most uncomfortable experience! I'm not so fussed to see films on release, and would rather be snuggling on a sofa at home where the film stops if I need a wee . But they DO stay in business: indeed, aren't they one of the things where attendance goes up in recession?

Dithering_Dad

dopester wrote: »

I'd rather put forward my point-of-views across to you now on the forums, even if it may seem negative, for you to at least consider, than you proceeding with perhaps overlooking something.

Apparently not brought about by the "credit-crunch" - but no one to buy a successful shoe business and run it for themselves?

It isn't all bad news though, especially if you stand out and can get a special following for your goods. Such as this woman who seems to be doing good trade.

Glad to have your views. I've just been telling the missus that I'd mentioned the shop thing on here to see what people thought and that I'd had good feedback from a couple of people, positive and negative (or as I would prefer to say, cautionary) views are very welcome.

Interesting couple of articles, the first one discussing that the owners were simply retiring and were untouched by the credit crunch, and the second article where they were citing increases in their lease and other overheads for their financial problems. The lesson could be that one can make a good living from providing friendly, local services but to perhaps make the initial investment in buying the shop rather than leasing it in order to make long-term savings along the line.

SingleSue

lostinrates wrote: »

re shoes, pre-school my sister bought shoes from a company where she had to draw round the kids feet and fax the drawings. About the same price as full price ''good'' highstreet kids shoes, and very sweet, plain, supportive shoes. Of course, they grew out of them almost immeadiately :rolleyes:


re cinemas, we rarely, rarely go. We hve a nice cinema locally too, independant, with a bar, one screen and old fasioned red velvet chairs. I just hate cinemas: sting with unknown strangers in the dark where I always manage to sit where people around me are eating with their mouths open, which I can hear despite the deafening volume of sound. And anti -cuddling seating with ridgid plastic arms between oneself and one's partner. Its a most uncomfortable experience! I'm not so fussed to see films on release, and would rather be snuggling on a sofa at home where the film stops if I need a wee . But they DO stay in business: indeed, aren't they one of the things where attendance goes up in recession?

Re cinemas, we go quite frequently...we also have a lovely independant one, cheap entrance prices, food and drink at the same price as the supermarket. Yes it looks a little bit tatty but it gets in the latest releases in a timely manner and it makes for a good but cheap school holiday outing - £15 for all 4 of us including food and drink which takes up the most of the afternoon is not bad value at all bearing in mind that it is the ONLY school holiday activity we do!

Dithering_Dad

SingleSue wrote: »

Re cinemas, we go quite frequently...we also have a lovely indepenant one, cheap entrance prices, food and drink at the same price as the supermarket. Yes it looks a little bit tatty but it gets in the latest releases in a timely manner and it makes for a good but cheap school holiday outing - £15 for all 4 of us including food and drink which takes up the most of the afternoon is not bad value at all bearing in mind that it is the ONLY school holiday activity we do!

We go quite often and had the lovely experience of taking our little one for the first time last week. It was a pricey affair because we saw an animated 3d film (Monsters v Aliens), but the kids (and me n missus) loved it. We're looking at going to see that other 3D movie soon (I forget it's name). Bit of a gimmick, but great fun.

misskool

lostinrates wrote: »

re shoes, pre-school my sister bought shoes from a company where she had to draw round the kids feet and fax the drawings. About the same price as full price ''good'' highstreet kids shoes, and very sweet, plain, supportive shoes. Of course, they grew out of them almost immeadiately :rolleyes:


re cinemas, we rarely, rarely go. We hve a nice cinema locally too, independant, with a bar, one screen and old fasioned red velvet chairs. I just hate cinemas: sting with unknown strangers in the dark where I always manage to sit where people around me are eating with their mouths open, which I can hear despite the deafening volume of sound. And anti -cuddling seating with ridgid plastic arms between oneself and one's partner. Its a most uncomfortable experience! I'm not so fussed to see films on release, and would rather be snuggling on a sofa at home where the film stops if I need a wee . But they DO stay in business: indeed, aren't they one of the things where attendance goes up in recession?

we've got a tatty independent as well, cinemas stay in business because they cater for specific groups of people. many families with young children use it for a cheap day out, there are groups of teenagers who are too young to go to the pub or it's the latest craze (aka Hannah Montana, High School Musical) and the loved up couples who cuddle in the dark while eating popcorn.

It's also great for groups of friends who don't want to pay expensive prices to go to the theatre or the latest play and just want cheap entertainment for the evening.

PasturesNew

I don't go to cinemas - it'd really suck on my own. And they do tend to be an expensive way to be annoyed by the great unwashed public. I'd want to be in one where nobody's mucking about, shouting, laughing ... quite often a film will have two comedy lines, back to back. Idiots will laugh at the first - making you miss the 2nd, better, one.

And I always seem to be behind fidgety tall people... with food.

julieq

Talking of films, there's a lovely bit at the end of Spinal Tap where Nigel Tufnel reveals his ambition is to open a little shop after retiring from the Tap. I can't help recalling that during this conversation. DD reminds me of Nigel Tufnel in so many ways.

Nigel Tufnel: I]on what he would do if he couldn't be a rock star[/I Well, I suppose I could, uh, work in a shop of some kind, or... or do, uh, freelance, uh, selling of some sort of, uh, product. You know...
Marty DiBergi: A salesman?
Nigel Tufnel: A salesman, like maybe in a, uh, haberdasher, or maybe like a, uh, um... a chapeau shop or something. You know, like, "Would you... what size do you wear, sir?" And then you answer me.
Marty DiBergi: Uh... seven and a quarter.
Nigel Tufnel: "I think we have that." See, something like that I could do.
Marty DiBergi: Yeah... you think you'd be happy doing something like-...
Nigel Tufnel: "No; we're all out. Do you wear black?" See, that sort of thing I think I could probably... muster up.
Marty DiBergi: Do you think you'd be happy doing that?
Nigel Tufnel: Well, I don't know - wh-wh-... what're the hours?

dopester

Dithering_Dad wrote: »

Unfortunately, if it was great timing, then the shop would not be available at such a low price. Catch 22. I suppose.

HSBC is questioning the branch model. There must be many others finding their commercial premises are not cost-effective or paying their way, now the HPI and easy credit party is over.

What is a low price today, could be a very high price tomorrow.

UK commercial property's horror show could get worse

The UK commercial property horror show could get even more gruesome.

By George Hay, breakingviews.com
Last Updated: 12:28PM BST 22 May 2009

Since June 2007, the value of the nation's offices, shops and warehouses has fallen by 43pc. Difficulty refinancing billions of pounds of loans this year could make things even worse.

The prospect of price falls of well over 55pc - outstripping anything the UK commercial property sector saw in the 1990s and even the 1970s - is very real. Investors should bear that in mind before they go bottom fishing.

http://www.telegraph.co.uk/finance/breakingviewscom/5365966/UK-commerical-propertys-horror-show-could-get-worse.html