Recent content by michm1

  1. M

    A3 use ok for our needs?

    We are trying to buy a restaurant. It has A3 use. I got slightly confused a while ago, so I sent an email to the Development Officer at our local council asking whether we would be ok with a3 use or would we need a5 use (in addition to a3) We will be serving food hot toeat in mainly, 85% +, of...
  2. M

    VAT on flat above restaurant?

    It will be a Limited Liability Company. What are the differences between the directors (me and oh) owning the property or the company owning the property? Sorry for the q's, will ask our accountant but we are really early stages yet so nothing is certain, so thanks to everyone for taking the...
  3. M

    VAT on flat above restaurant?

    Thankyou so much!
  4. M

    VAT on flat above restaurant?

    Another Q! We are in the process of buying a restaurant (freehold) it has a flat above. My brother will be the chef at said restaurant and also will be renting the flat from us. Is there VAT payable on this rent? Also is this the most tax efficent way of doing things? i.e we pay my brother...
  5. M

    What would you do with land?

    You could get a couple of pigs? We started with pig keeping three years ago in our spare half an acre, which already is home to chickens and geese. We sectioned off the top half, and divided that again into two. We buy three piglets (weaners) at a time and sell two. Our own one costs us...
  6. M

    Set up business and need a mortgage deal

    There is always a way, you're right. Worried we were going to fall at the first hurdle earlier, a weekend of business plan forming down the drain!! We are in Somerset, near the Cheddar Gorge and the property is local too.
  7. M

    Set up business and need a mortgage deal

    I had started to wonder about the HS Banks!! Nice to know there are more options still So thankyou leemason for the ink, will definitely look into that one. And JamesHall174 I will pm you later, thanks Will hopefully have some success now!!
  8. M

    Set up business and need a mortgage deal

    Hi there, this is my first post here, so hello everyone, thanks for reading and hopefully replying!! We are just beginning the process of buying a restaurant premises for me to manage and my brother and his wife to run - a real family business. Me and hubby are confident we have identified a...
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