Hi all,
I've spent all weekend on the net and asking people opinions on this question.
I havent spoken to a property professional yet and I'm getting miffed that I cant really get any "expert" information over the weekend.
My enquiries are a follow on from this thread http://www.somersoft.com/forums/showthread.php?t=67440 .
One of my tenants is looking for a domestic house type set up from which to run a business. Some of the responses from SSer's suggest that I could possibly offer them our IP as a business premises with a commercial type lease.
It may eventuate that my tenants want to continue leasing under a more commercial type lease and may ask for this.
Is this a real option ? Do I have to look into zoning and local council approvals? Do owners of surrounding properties have to approve?
In what way do commercial leases vary from residential leases ? Is there somewhere to see a typical "commercial" lease template?
As a LL what responsibilities and legal obligations would I have above and beyond a residential tenancy ?
Thanx Dave
I've spent all weekend on the net and asking people opinions on this question.
I havent spoken to a property professional yet and I'm getting miffed that I cant really get any "expert" information over the weekend.
My enquiries are a follow on from this thread http://www.somersoft.com/forums/showthread.php?t=67440 .
One of my tenants is looking for a domestic house type set up from which to run a business. Some of the responses from SSer's suggest that I could possibly offer them our IP as a business premises with a commercial type lease.
It may eventuate that my tenants want to continue leasing under a more commercial type lease and may ask for this.
Is this a real option ? Do I have to look into zoning and local council approvals? Do owners of surrounding properties have to approve?
In what way do commercial leases vary from residential leases ? Is there somewhere to see a typical "commercial" lease template?
As a LL what responsibilities and legal obligations would I have above and beyond a residential tenancy ?
Thanx Dave