Thursday, November 7, 2013

Opening a small cafe in the UK? -

Hi,I am thinking about starting a small cafe/coffee shop in my area, i have done plenty of research on demand, location etc and it seems it would be quite a good little business to start.I want to start it from scratch rather than buy an existing one, and im not keen on getting a leasehold or freehold.Is it possible to be able to rent an old shop with monthly rental etc on a fixed term contract? or are leaseholds/freeholds the only way? I understand that it is not the most secure way if the landlords decide to not renew contracts etc, but i believe if it is a success and i make payments on time and keep good relations i could rent it on a 2 yearly contract or such like. I only intend to run it for 4-5 years before emmigrating and feel it would be a great way to get lots of experience too. Plus when i emmigrate the shop will be in a good working condition so that the landlord could rent it out after i have left.I have seen some old closed down shops that have not been in use for the last 5-6 years, is it a good idea to contact the owners and discuss this with them? surely i could get a good deal as they would be making some income from renting it out rather than just leaving it standing empty and deteriorating.Any idea s on this? Have you done it this way yourself?Thanks

Not only is that type of shop lease attainable, in the US it is preferable. Merchants WANT long term leases at fixed prices. It helps with budgeting....

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