Hi Everybody,
Is there anybody out there with experience in Commercial property ?
If so, some questions ...
Q1 :
What minimum yield (ballpark) would one expect from a commercial property with good (Doctors * 4 GP's) long term (5 years +) in a surburban location ?
Q2 :
What kind of structure (trust , company) is most suited to renting a commercial property ?
Q3 :
What expenses may a commercial property have that a residential IP wouldn't ?.
Q4 :
Are there any special insurances (excluding building insurance) the landlord must have or is the responsibility of the tennant ?
Q5 :
Is land tax levied in the same way as residential IP's ?
Cheers,
Will
Is there anybody out there with experience in Commercial property ?
If so, some questions ...
Q1 :
What minimum yield (ballpark) would one expect from a commercial property with good (Doctors * 4 GP's) long term (5 years +) in a surburban location ?
Q2 :
What kind of structure (trust , company) is most suited to renting a commercial property ?
Q3 :
What expenses may a commercial property have that a residential IP wouldn't ?.
Q4 :
Are there any special insurances (excluding building insurance) the landlord must have or is the responsibility of the tennant ?
Q5 :
Is land tax levied in the same way as residential IP's ?
Cheers,
Will