The rental is high, on top of that there are business rates, electricity, phone, water, Insurance and so on.
You need to add these up per month, after that you would be in profit. Would it be enough to live on?
Rtd Catering Business Owner UK
Dimno
Hi,
I am 32 with no mortgage to pay. I work in a job I have no passion for with no prospects (although money is ok). I have £25k in savings that's doing next to nothing in the bank. I have a dream of owning an independant wine retail shop that, in addition to wines, serves coffee and delicacies such as quality French/Spanish charcuterie and cheeses.
I have seen a commercial property in town for £9000 P/A rent (£750 p/m). I need some advice here as to whether I'm living in cuckoo land or or this is viable?