I want to open a shop - something like a £1 discount store. Just one shop to start with.
I've checked out a couple of local commercial properties, annual rental rates are approx. £18,000.
It's my first business so I'm literally starting from scratch - 1 thing I will no doubt probably need is 6 months rent up front.
Things I have thought about:
6 months rent up front
fixture, fittings
new shop front
labour
stock
Do I pay council business rates up front or on a monthly basis? I've seen a figure for £9,500. Is that per annum? Surely not monthly! The listing was quite unclear.
Thanks in advance everyone - would prefer personal comments and experience rather than web links!
I've checked out a couple of local commercial properties, annual rental rates are approx. £18,000.
It's my first business so I'm literally starting from scratch - 1 thing I will no doubt probably need is 6 months rent up front.
Things I have thought about:
6 months rent up front
fixture, fittings
new shop front
labour
stock
Do I pay council business rates up front or on a monthly basis? I've seen a figure for £9,500. Is that per annum? Surely not monthly! The listing was quite unclear.
Thanks in advance everyone - would prefer personal comments and experience rather than web links!