Why go for residential lets and not Commercial?

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  • jeffrey
    replied
    Originally posted by ALIEN1X View Post
    You are right 'Wickerman', it all sounds very complex.

    I'm just investigating other avenues of property investment with out all the hassels of residentail lets.

    Like some People I know have done without specialist knowledge and now own a chain of freehold retail properties.

    However, I will seek more info on the commercial forum of this site.

    Regards
    Alien1x
    Main reason for residential: you don't need a surveyor.
    In commercial let, T likely to request consents to this & that. If you don't have a surveyor, experienced T will have its own surveyor run rings around you.

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  • ALIEN1X
    replied
    You are right 'Wickerman', it all sounds very complex.

    I'm just investigating other avenues of property investment with out all the hassels of residentail lets.

    Like some People I know have done without specialist knowledge and now own a chain of freehold retail properties.

    However, I will seek more info on the commercial forum of this site.

    Regards
    Alien1x

    Leave a comment:


  • ALIEN1X
    replied
    The void issue can apply to any class of property investment, its all about location,location,location.

    With commerciall you have much more secure agreements of min 5 year lease.
    If its an estabilshed buisness,then void times/re-newals should not be a problem.

    However, I have noted that they are very expensive especially good freeholds.

    Regards
    Alien1x

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  • P.Pilcher
    replied
    Have you ever watched how long voids appear to be on many commercial lets?

    P.P.

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  • ALIEN1X
    started a topic Why go for residential lets and not Commercial?

    Why go for residential lets and not Commercial?

    Hi,

    I'm was just curious,

    Why do investors go for residential lets and all the tenant problems that go with it,and not commercial/industrial which are hassel free?

    Regards
    Alien1x

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