The reversion should have considerably increased in value as rather than a empty commercial unit that was empty or 7 years he will one day have 2 residential flats and small office.
the lease...
Type: Posts; User: simms1; Keyword(s):
The reversion should have considerably increased in value as rather than a empty commercial unit that was empty or 7 years he will one day have 2 residential flats and small office.
the lease...
The only reference in the whole lease relating to permitted use is simply
"not to use the property save as permitted in accordance with the planning acts"
we now have residential planning so...
you probably also need freeholder consent, unless you are the freeeholder who will ask for a premium.
We recently got planning persmission to change the upper floor of our small commerial unit into a residential unit that we hold on a 125 year lease. We got in contact with the freeholder to request...
I am looking to buy a commercial property that has vat payable on the purchase. since this is a very sizeable amount of money £210,000 @ 15% is the only real route to setup a ltd company that is vat...