Search results

Id do some research on likely tenants. Can you list with a commercial estate agent for lease? See what sort of response you might get, or at least get the estate agents opinion on what sort of tenants you would attract and likely rental etc.

Are you planning on running this cafe yourself, or having it tenated? Being a residential area doenst preclude having a cafe, but it makes it harder. Is the area changing? More young proffessionals? More renovations etc?

the 50sqm residential policy wont apply for commercial, so the size isnt going to be the same sort of issue. Some of the factors commercial lenders will look into are whether there is a current lease in place, the zoning, your commercial experience, whether you have any other security etc...