I am currently in planning stage with an architect toward development of a double shop front I purchased recently (unencumbered if that is relevant) .
We have to decide if and what we put upstairs, as downstairs will be used as my business premises (currently renting down the way).
My preferred model is two residential apartments, as local agents tell me that office space is difficult to let in the area.
Needing to do the sums involved, I am exploring all modes of financing the project.
Would somenone please be able to tell me whether bank bills are a feasible instrument for financing such a venture anytime +/or in the current environment.
Thanks
lazza
We have to decide if and what we put upstairs, as downstairs will be used as my business premises (currently renting down the way).
My preferred model is two residential apartments, as local agents tell me that office space is difficult to let in the area.
Needing to do the sums involved, I am exploring all modes of financing the project.
Would somenone please be able to tell me whether bank bills are a feasible instrument for financing such a venture anytime +/or in the current environment.
Thanks
lazza