I have space but don't know what to do

[momon121]

Hi Everyone

I have rent a shop and the upstairs 2 rooms is vacant and I am planning on utilising the space above!

However I have run out of ideas except a mini call centre. I cannot sublet it due to my terms could you kindly advise what can be done?

Regards

 

[TomJ83]

Hi @momon121

What are you selling in your shop?

 

[momon121]

We sell confectionery at the shop

 

[WebshopMechanic]

Hi @momon121

Why don't you rent the space as storage?

If you look at Big Yellow Storage you can see it's an arm and a leg to have even a small space. A full room would be a luxury and you could probably get £100 a month for it for half a room and you wouldn't have the wear and tear.

Matt

 

[momon121]

I thought about the above idea, what I was hoping to generate much more income than just £100 a month.

 

[WebshopMechanic]

I meant £100 per person! You could register with these guys: https://storemates.co.uk/

Not being able to sub-let is somewhat limiting.

 

[momon121]

Thanks Webshop I really appreciate it the replies and help. I am trying to keep my options open and venture info other sectors

 

[Makatan1]

you can do mailbox rental also.

 

[momon121]

Thanks Makatan

 

[MOIC]

First check your lease to see what you can or can't do, before letting out part of your premises.

I presume it has a separate entrance and complies with fire regulations.

Sometimes it's more economical to keep it for yourself as additional storage, office or for another business venture you may start in the future, rather than let to strangers.

If it's a normal box standard room with a window and you're allowed to let it (doubtful) to a 3rd party, then advertise it for rent as an office. There are many businesses, especially start ups that are looking for cheap office premises, which you should be able to provide at a cheaper rate than most office buildings.

 

[Chris Ashdown]

The most likely reason that the landlord does not want a sub lease is that if the main tenant (you) goes but they have a problem getting the sub tenant our to re-let the whole building

A way of achieving the same aim is to have a licence to use which is say renewed every 12 months, where the landlord can make the licence holder move out after the licence has expired or can extend it at little cost for a following 12 month period

That way as long as it has independent access then suitable for many office based jobs for small start-ups etc

 

[momon121]

Actually I am more enclined to start other ventures for myself in my own town in Blackburn. With so many businesses closing down and manufacturing going abroad it's difficult to find a gap in the market to provide for people?

 

[Gecko001]

Actually I am more enclined to start other ventures for myself in my own town in Blackburn. With so many businesses closing down and manufacturing going abroad it's difficult to find a gap in the market to provide for people?

Using it for storing stock for your own ebay business.

 

[momon121]

eBay business is too difficult to conquer in today's age

 

[kev598]

Think what would be matching your confectionary business. I think there are a lot of connected businesses now, you could have a coffee shop with bakery for example. You should look at trends in HoReCa industry.

 

[ThinkingAhead]

Christmas tree storage and rental business.

 

[Mr D]

eBay business is too difficult to conquer in today's age

Then do an amazon business.

 

[Mike_Cartwright]

Not being able to sublet is indeed somewhat limiting. You can go have it leased as a storage to avoid the wear and tear, however, I'd still advise you to carefully check your agreement with the owner just to ensure you're not violating your contract for the lease.

 

[APW]

turn it into a gaming room for kids to hang out and play games and while they are playing you can upsell sweets and drinks