Follow Along Commercial Deal Analysis

2022-05-10

This week I thought I’d bring you with me for the Deal Analysis journey and do a follow-along Commercial Deal Analysis on the podcast. ***This is a two-storey building in Richmond, North Yorkshire. Rent income per annum of £26,400pax, which is on the market for offers in excess of £295,000***. My due diligence: Sales comparables to see comparable yields Lease comparables to see market rent and lease term comparables Space for let comparables, just to see what’s on th...

This week I thought I’d bring you with me for the Deal Analysis journey and do a follow-along Commercial Deal Analysis on the podcast.

***This is a two-storey building in Richmond, North Yorkshire. Rent income per annum of £26,400pax, which is on the market for offers in excess of £295,000***.

My due diligence:

Sales comparables to see comparable yields
Lease comparables to see market rent and lease term comparables
Space for let comparables, just to see what’s on the market
Looking at the current tenants' accounts to see whether they can afford the rent
Reading the leases to see what the agreement is between landlord and tenant

From this, I estimate what price I’d purchase at and what I think the potential value of the property could be if I implemented a regearing strategy.

So, what do you think? Would you go ahead and buy this property?

Now, if you found the podcast valuable (it would be hard not to!), then I would like to invite you to a LIVE Deal Analysis Masterclass on the 19th May @8pm BST. Click here to register >>> https://ncrealestate.co.uk/dealanalysismasterclass

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