- Original Poster
- #1
I am part owner of a premises. There are three of us (family). I will call us A, B and C (me). A and B run businesses from the premises. I worked for B but that relationship broke down and I felt pressured to leave. Myself and 'A' have an agreement which benefits me, 'B' pays nothing. We are not on speaking terms. 'A' has tried to speak to 'B' about a rent but they are not co-operating.
There is no room for me at the premises as working with 'B' would be a nightmare. I would like to start a new business meaning I would have to rent a premises.
My options would be to offer my third for sale, giving me a lump sum for investment or go after a rent from 'B'.
I have estimated that a rent may generate £500 per month.
My question is how do I go about any of this. I don't think A and B would be able to raise the money to buy me out together. B might be able to but that could shaft A.
Who would I need to contact about getting rent and what sort of costs would I incur? I do not want any contact with B.
I really do not know where to start but at the moment I am in limbo with this property.
There is no room for me at the premises as working with 'B' would be a nightmare. I would like to start a new business meaning I would have to rent a premises.
My options would be to offer my third for sale, giving me a lump sum for investment or go after a rent from 'B'.
I have estimated that a rent may generate £500 per month.
My question is how do I go about any of this. I don't think A and B would be able to raise the money to buy me out together. B might be able to but that could shaft A.
Who would I need to contact about getting rent and what sort of costs would I incur? I do not want any contact with B.
I really do not know where to start but at the moment I am in limbo with this property.