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Thanks for taking the time Scott, appreciated muchly. Same goes for all those contributors.

A thousand apologies Aaron, Spludgey et al. I have just re read my post and realised that I made a critical error! Its 28k per year and high fives i.e 570,000 dollars for the property. That changes things a bit doesn't it Skip

Aaron, how are getting the 6% figure?

Sorry Aaron, Spludgey i don't follow. Are you saying nobody will buy it because the yield is not good enough, i am just a bit lost and I really want to 'catch your drift'. I rent the shop, i pay the rent 28k, I pay ALL the outgoings; insurances, rates etc. I worked out that based on the figure...

Thanks for that advice Aaron. I definitely feel that the property ticks a lot of boxes; really vibrant shopping strip, lots of cafes, gastropubs, eateries, you know that kinda scene, stca you can build up or behind or both. Very easy i should imagine to rent out in the future or for that matter...

Currently paying 28K per month rental on a retail shop in a nice shopping strip. Now have an opportunity to purchase the building at around high fives. my first thought is that it makes sense to do that however I have no idea how to evaluate such a proposition. Any help that you smartybrains...