I am looking into an opportunity for real estate landlords or property owners to store goods for another business in properties that are not let yet. This way, the landlord can generate income while the property is not occupied yet. Is this possible? Would any landlords be interested to discuss further?
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Personally, I wouldn't be interested.
I think that's a change of use for planning purposes and would be an issue for my insurance (and any BTL mortgages).When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert). -
Properties that are 'not yet let' generally require 'unoccupied house insurance' and these items would not generally be covered and would put the property at greater risk, so I would not be interested either.Comment
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Why would someone want to store things in a house rather then one of those storage specialist companies? Unless someone can undercut them significantly. They have 24 hour security, cctv, locks, alarm and appropriate insurance. The notice period is 7 days.
If there is a roof leak in a house or a break in, who is going to report it?
Houses have limitation, such as a narrow doorways, lack of a lift, trolleys, parking, loading bays..... pretty useless for larger trucks.
Council would be chasing you if there is an unoccupied house in the road.
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All - thanks for your feedback, very much appreciated!Comment
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not to mention increased wear and tear as goods go in and out or from lack of circulation of air around goods piled high against walls etc.Comment
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