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Discussion in 'Stafford Chat' started by Goldstyle Limousines, Mar 15, 2012.
Yes, but Marcus has put it up for sale.
Everything Marcus has is always for sale - for the right price.
I've put an offer in on Gordon Mills
Inside left back for Ipswich Town
I think the hair salon chain is still family owned
Other than that why on earth would anyone want to own a piece of real estate in a dying dickensian post european amazonian era anyway?
OK maybe the half mile building in Rugeley is valid
Hovverboards all round!
If we can't attract a Lewis's I think Macy's is right out.
Couture / The Top of The World nightclub is owned outright, hence why they're not too worried about the pandemic.
The guy also snaps up any smaller properties on the high street as and when.
I believe he owns all above subway opposite casa, including the vape shop, and the old fancy dress shop , right next to the club which he has converted to apartments.
And the big car park, behind the take aways.
He also owns various things within Staffordshire.
Maybe he thinks his business has no future outside the EU !!
I've never understood why businesses pay extortionate rents rather than buying premises.
Not many years ago Enterprise Inns had the Tavern up for sale at less than £200,000 freehold. I remember it best as the Bath Hotel but customers since of Pitchers Wine Bar, Dougals, Seamus O'Donnells and the Tavern will know it as a sizeable three storey building, surely larger than Thorntons was and available at equivalent to six years rent of £35,500.
Having the money to buy a premises when you are just setting up a business isn't that straightforward. Plus then you are liable for all the maintenance, and if shopping habits change etc. you are left with a massively reducing asset.
They probably should have sold it when they had the chance, as is , it's probably only worth 50-100k, heard it's in a really bad way inside, and the cellar was never pumped out from when it was flooded.
Think it was gutted internally about 3 years ago, then all work came to a Holt.
The way some landlords insist on long leases you're stuck anyway, but it's the age old issue of buying being cheaper but nobody will lend you the money unless you're already flush.
Heard the same, any potential buyer may need to pay for it's demolition.
Yes, but the Shrewsbury Arms was no better and Angus McMeeking has made a go of that when Enterprise Inns couldn't.
Paul Cope apparently owned loads of properties locally.
Now whatever happened to him ? !
He's still got my cassette of Norman Wisdom reading his* autobiography.
A real shame about the tavern, who actually owns the building atm ? I assume even the flats above are now vacant due to the state of the place.
Those remaining letters on the side should be removed by whoever owns the plot if nothing else, it's literally an accident waiting to happen.
I read 'My turn' about ten years ago.
It's probably now owned by Stonegate who took over Enterprise Inns two years ago.
30%+ mortgage deposit generally puts a lot of people off. Plus it requires a desirable premises to actually be for sale
And that's why renting is often the easiest option - although it's the property owners that then dictate the terms and conditions.