Renting Out Property Next tto Dual Carriageway

grumiofoundation

eskbanker said:

newlandlord555 said:

I have a property with buildings and  a car park total size 35 m square

newlandlord555 said:

at 350 m square its a good size for Mc Donalds type places ? 

newlandlord555 said:

Clarify its 350 meters square property.

newlandlord555 said:

Plot is 35 meter X 35 meters 

I'd humbly suggest that before embarking on any legally-binding contractual arrangements, you get someone else to proofread them to ensure that the orders of magnitude are correct, or you could find yourself learning some very expensive lessons!

Those series of quotes make my head hurt! 

And people wonder why teachers bang on about the importance of thinking about units. 

OP please for my sanity please can you clarify the dimensions (length and width) of the property. Someone else will work out the area!

As said before even considering its investment potential you need to know its size!!!

newlandlord555

85000 invested last 2 years in flat to let. Excellent idea, 14000 up and counting. Be careful where you buy and you are on a winner. :}

Cus

Build an self operating electric car charging station 

Krakkkers

newlandlord555 said:

Clarify its 350 meters square property.

Now its 350 metres square? That is 122,500 square metres.
This is the 3rd size its been quoted at.

Section62

newlandlord555 said:

Section62 said:

newlandlord555 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 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.

McDonalds, or one of their franchisees, would almost certainly want someone else to have gone through the process of establishing things like planning and access consents before they would be interested in buying a plot of land...  as your proposal is to rent (rather than sell) the land then you'd be expected to do a lot more of the preparatory work.  And probably pay for it.

Realistically, if you want this business venture to succeed you need to be in touch with a professional commercial property agent, rather than asking for ideas from the helpful folks on a forum like this one.

newlandlord555

Yes . Of course i will be in touch with a property agent. Those guys want 25% plus though for doing sfa mostly. Nothing stops me from asking around on internet too.

retiringtoosoon

thanks for the info

Section62

newlandlord555 said:

Yes . Of course i will be in touch with a property agent. Those guys want 25% plus though for doing sfa mostly. Nothing stops me from asking around on internet too.

Guessing this is a continuation of this thread?

https://forums.moneysavingexpert.com/discussion/6393519/renting-out-property-next-tto-dual-carriageway#latest

callum9999

As you don't seem to have done much research yourself before buying the place, and are showing a complete disinterest in accurately describing the property you want the advice for, I'd say that's probably 25% well spent!

MSE_ForumTeam3

I've merged two threads together. Thanks,

MSE Laura F