Finding a lease

[Absyk]

Hi I'm new to this forum

I'm researching leases and costs in general for a cafe or takeaway. I have looked websites selling businesses but I want to analyse costs of leases in general. So my query is where is the best place to find possible leases, which websites should I be looking at?

Thanks in advance

 

[fisicx]

Doesn’t work like that. Every lease is different, there is no repository. Same as the costs, every business will be different.

However, welcome to UKBF @Absyk. There are plenty of members here who can help and advise if you provide a bit more information about the sort of cafe you want to buy.

 

[Mark T Jones]

I assume you are referring to premise leases?

They are very much geographical so I'd suggest you look at agents in your target area

 

[WaveJumper]

How long is a piece of string, if related to a specific situation details might help, but as already pointed out costs can vary widely depending on type, complexity etc etc and of course how good your legal team are.

 

[MOIC]

If you’re looking to compare and take over an existing lease for a cafe or takeaway, costs will depend on many factors including the following.

Current rent
Next rent review
Length & terms of lease
Goodwill
Condition of premises
Appliances included
Cost to get up to your standard
Existing business profitability
Location
Location
Location

And the list goes on and on…

If your research is for you to take over an existing business, location is key.

If however, you’re just comparing costs for another reason, contact agents or use google, which will come up with numerous agents as well as sites offering F&B businesses for sale, for example Daltons.

 

[Stuart Bailey]

contact your local commercial surveyors they should be able to give the information you need.

 

[Absyk]

Many thanks all. Advice much appreciated ?

 

[DoolallyTap]

find the property to lease from your local agents and get the documents, easy