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Commercial Property Next Door
DJM188
Posts: 6 Forumite
I have found a house that really suits what i am after. Lovrey interior and a good amount of space.
However there is one drawback, it is next door to a Thai Restaraunt. It doesn't look the busiest place in the world but i am thinking that in terms of investment, it might not be so clever.
Has anyone had any experience being next to a commerical property? Im guessing it will be harder to sell.
Cheers
However there is one drawback, it is next door to a Thai Restaraunt. It doesn't look the busiest place in the world but i am thinking that in terms of investment, it might not be so clever.
Has anyone had any experience being next to a commerical property? Im guessing it will be harder to sell.
Cheers
0
Comments
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Some mortgage companies don't like lending on flats above commercial premises.
Some mortgage companies don't like lending on homes adjacent to food/drink/pub premises.
Some mortgage companies don't like lending on homes within X doors of food/drink/pub premises.
Be mindful of that if you do decide to try to take it forward.
The bottom line is: it might be a lovely, well run, place now, but it could just as easily close down next year to be replaced by a kebab shop serving drunks until 3am... drunks who shout, holler, create mess, fight, scream, cry, kick articles in the street, drop litter in your garden... etc etc.0 -
Thai food is great.
Living next to a Thai restaurant would be really convenient for easy meals - and after a while you'd probably get a discount once they get to know you.
There's the pros side.Now fgure the con..........0 -
How is the parking? Even if you have a drive you may find people parking across it because they are 'only popping in'...0
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