I have an ides to sell space I. A shop, I would like to open an antique/vintage arts and craft shop. As well as selling my own little bits, I was thinking about then selling space to other people.
The premises I have seen are local to me, no one in the town is selling space, although 6 miles away there is such a place and they have an 18month waiting list in the other direction about 12 miles away there is a little place doing the same and they have a 6 month waiting list. What sort of things apart from rent, rates and usual bills should I take into account.will the council give a break re business rates?
Is it worth asking the landlord for a3month rent free period?
What else could I negotiate with the landlord to reduced my risk ?
How would I go about doing the market research to see if it is viable.......any help please would really be appreciated.
Thank you