E
Ellen1
Guest
Hi
Im new to all this business stuff and may come across as naive so apologies in advance.
We are looking to set up business in Kildare, We have found an excellent property (to rent/lease) by word of mouth and its not on the market yet. We have been in discussions with the current occupier. He is closing up shop and has 11 years left on his current lease. He has suggested we rent the property off him at E28,000 p/a. In this current climate we feel this is way too much and have suggested E18,000 (to start we can increase to E20,000 but only just).
He has since suggested upfront payment of E30,000 for the rest of the lease and then E18,000 p/a.
Now bearing in mind he is not the landlord, and this has to be all put by the landlord yet.
What should we do? We have no way of approaching the landlord direct unless the lease is put on the open market.
Thanks again
Im new to all this business stuff and may come across as naive so apologies in advance.
We are looking to set up business in Kildare, We have found an excellent property (to rent/lease) by word of mouth and its not on the market yet. We have been in discussions with the current occupier. He is closing up shop and has 11 years left on his current lease. He has suggested we rent the property off him at E28,000 p/a. In this current climate we feel this is way too much and have suggested E18,000 (to start we can increase to E20,000 but only just).
He has since suggested upfront payment of E30,000 for the rest of the lease and then E18,000 p/a.
Now bearing in mind he is not the landlord, and this has to be all put by the landlord yet.
What should we do? We have no way of approaching the landlord direct unless the lease is put on the open market.
Thanks again