in my case, it's obvious on the table. The vendors leased it to their company running the motel business in the past 19 years, not hiding behind...
In process of buying a $3m motel with commercial loan approved. Finally had the Lease in front of me, finding the vendor is the tenant on the...
thanks for letting me know... a lot to learn as a newbie :p
Why can’t I edit my first and second thread? :eek:
Tried to delete but wasn’t able to...:p
It’s freehold... new 30 year lease
@Corey Batt Just sent you an email...
Can someone help me please... the offer I got from my existing biz loan manager is not so good. Too short repayment period and no interest only...
i had a further look at the restaurant and notice it's in a regional suburb of NSW... much closer to Brisbane than to Sydney..:p Me myself,...
thanks so much for asking these important questions. I know the bank guarantee is 6 months rent. the new owner will pay land tax, and give the...
confirmed with the agent... Capital works and contributions will be made by the developer instead of the buyer.. a big relief!
Thanks Y-man a lot... the tenant is a successful restaurant in NSW and an existing tenant of the developer according to the agent. I checked...
Well, been reading and searching a lot in the past couple of days... Commercial loan is much easier to get and rate is even lower than some of my...
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