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Actually, that reminds me. I had a house in England many moons ago. The property deed was from 1890 or thereabouts. A comparatively new English house. One of the provisions on the title was the provision that no alcohol ever be sold from the premises. (The wording was much better than...

One of my favourite watering holes recently changed hands. It was a nicely profitable business from all accounts. The initial asking price was $400K (leasehold, Canberra inner), but changed hands I think at around $220K. It would have been a very good cashflow business at that price. Two...