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Joanna, the advice I received from more experienced members above seems sound.
In your case I'd pop into the business next door for a friendly chat as a potential new neighbour . . . you could then ask what the rates in the area are like, with a view to eliciting their own figure for your...
A big thank you to everyone who responded - very helpful. Unfortunately the particular shop I went to view was losing money and wasn't quite right for me but I'm now better equipped for any new opportunities as a result of everyones's advice, so thank you.
Thanks for taking the time to reply.
I realise the list goes on - I'll look at those when I get the details (and get my solicitor to examine the lease as well) - but at the moment the annual rate is the only thing I have until I meet with the vendor this evening.
My initial thought was that in...
Just joined and hoping to become a regular contributor (if I can offer anything of value) but this is my first post so please bear with.
I'm looking to purchase my first retail business which has (according to the broker) a new lease available with a certain figure stated as the rent.
My...