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Renting Out Property Next tto Dual Carriageway

2

Comments

  • newlandlord555
    newlandlord555 Posts: 78 Forumite
    Fifth Anniversary 10 Posts
    edited 10 October 2022 at 1:47PM
    By the way . I bought a 2 flat years ago  for 80,000 quid and have been raking in 600 quid a month rent , almost 12,000 up so far :}.
  • eskbanker
    eskbanker Posts: 40,943 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Clarify its 350 meters square property.
    To echo the slightly pedantic point being made in an earlier post, there's a difference between 350 metres square (which means 350 metres by 350 metres, a massive area similar to ten football pitches) and 350 square metres (which would be, say, 35 x 10 metres).
  • born_again
    born_again Posts: 23,949 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    edited 10 October 2022 at 1:52PM
    By the way . I bought a 2 flat years ago  for 80,000 quid and have been raking in 600 quid a month rent , almost 12,000 up so far :}.
    So £14,400 in rent, which leaves £65.600 before you make a penny, providing you have no mortgage 👀
    So not up at all.. 

    Anyway. What is the size of the plot?
    Life in the slow lane
  • 35 m x 35 m 
  • By the way . I bought a 2 flat years ago  for 80,000 quid and have been raking in 600 quid a month rent , almost 12,000 up so far :}.
    So £14,400 in rent, which leaves £65.600 before you make a penny, providing you have no mortgage 👀
    So not up at all.. 

    Anyway. What is the size of the plot?

    Depends how you look at it. 85000 in the bank last 2 years was making nothing so I consider myself 14000 up > :}
    Plot is 35 meter X 35 meters 
  • Section62
    Section62 Posts: 11,082 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 12 October 2022 at 11:48AM
    Location is good . On a very busy inter city dual carriageway.
    That can work against you.

    The TA would need to examine the potential for new trip generation to the site as a destination in its own right - for example people driving from City A (or City B ) to get a burger at Mc555's, rather than people travelling from A to B stopping to get food/drink en route.

    The busier the route, the more concern there may be about the site generating additional trips and (further) overloading the road.

    Does the site have good access arrangements - i.e. sliproads - which may be a requirement depending on the speed limit on the road?

    Edit: Undoing auto emoji
  • Section62 said:
    Location is good . On a very busy inter city dual carriageway.
    That can work against you.

    The TA would need to examine the potential for new trip generation to the site as a destination in its own right - for example people driving from City A (or City B) to get a burger at Mc555's, rather than people travelling from A to B stopping to get food/drink en route.

    The busier the route, the more concern there may be about the site generating additional trips and (further) overloading the road.

    Does the site have good access arrangements - i.e. sliproads - which may be a requirement depending on the speed limit on the road?
    I will let Mc Ds sort all that out. If it works it works , if it doesnt something else will. I was really just looking for any other business letting ideas for this type of premises.
  • masonic
    masonic Posts: 29,734 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    And people say equities are volatile!
  • elsien
    elsien Posts: 37,585 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Section62 said:
    Location is good . On a very busy inter city dual carriageway.
    That can work against you.

    The TA would need to examine the potential for new trip generation to the site as a destination in its own right - for example people driving from City A (or City B) to get a burger at Mc555's, rather than people travelling from A to B stopping to get food/drink en route.

    The busier the route, the more concern there may be about the site generating additional trips and (further) overloading the road.

    Does the site have good access arrangements - i.e. sliproads - which may be a requirement depending on the speed limit on the road?
    I will let Mc Ds sort all that out. If it works it works , if it doesnt something else will. I was really just looking for any other business letting ideas for this type of premises.
    Have Maccy D (or similar) shown any interest in the plot or are you presuming that when you contact them they’ll come running? Seems to be a lot of speculation going on here. 
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
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