Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
I’m helping out a friend who is new to the property world and wants at the moment to stay anonymous. She’s looking for a leasehold of an entire building as a long term investment. The purpose is to run dance teaching classes with social dancing events and dinner shows also.
Location: Ideally Covent Garden/Holborn/West End to capture tourist market for dinner show and for transport links, recognising potential planning restrictions if change of use is involved (previous use as a restaurant could work). Area south of Holborn/east of Kingsway (LB Camden) could have possibilities.
Main requirements are:
Residential accommodation on upper floors (self-contained flat(s)) would also be of interest.
Any other comments or pointers welcome!
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