Artwork

Content provided by Jerry Alexander. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerry Alexander or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

How we Doubled the Value of a Leased Commercial Property

14:28
 
Share
 

Manage episode 443265677 series 2786087
Content provided by Jerry Alexander. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerry Alexander or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This week, we're sharing a bittersweet story from our portfolio. When a long-standing tenant - a business we'd known and worked with for years - unfortunately went into liquidation, we found ourselves with a property back in our hands 5 years earlier than planned.

We talk through:

  • The ripple effects when a tenant goes bust
  • Navigating the unexpected (and the mountain of stuff left behind 😅)
  • How market understanding helped us move forward

The numbers that might surprise you:

  • Original rent: £33,000 per year
  • New market rent: £58,000 per year
  • What this meant for the property's value... 🤔

Some key reflections:

  1. The importance of adaptability in commercial property
  2. Why local market knowledge matters more than ever
  3. Sometimes the best plans are the ones you didn't make

Looking back, this experience reinforced that commercial property isn't just about the numbers 🔢. It's about being prepared for the unexpected, understanding your market deeply, and sometimes, making the best of situations you didn't anticipate. While the outcome was positive for us, it's a reminder that in this business, change is the only constant. Whether that change brings challenges or opportunities often depends on your preparation and perspective.

It's been a busy September with training events in Scotland and lots of great conversations at property meetups. A heartfelt thanks to all the podcast listeners who came to say hello - you make this journey so much more enjoyable! 🤝

Thanks again and as always, make sure you stay in the commercial property swim! 🏊‍♂️


JOIN THE NETWORK If you want to learn more about investing in Commercial Property, why not consider joining the CPI Network? We're a community of active investors who collaborate, share experiences, and empower each other in our Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/

Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/

See omnystudio.com/listener for privacy information.

  continue reading

286 episodes

Artwork
iconShare
 
Manage episode 443265677 series 2786087
Content provided by Jerry Alexander. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerry Alexander or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This week, we're sharing a bittersweet story from our portfolio. When a long-standing tenant - a business we'd known and worked with for years - unfortunately went into liquidation, we found ourselves with a property back in our hands 5 years earlier than planned.

We talk through:

  • The ripple effects when a tenant goes bust
  • Navigating the unexpected (and the mountain of stuff left behind 😅)
  • How market understanding helped us move forward

The numbers that might surprise you:

  • Original rent: £33,000 per year
  • New market rent: £58,000 per year
  • What this meant for the property's value... 🤔

Some key reflections:

  1. The importance of adaptability in commercial property
  2. Why local market knowledge matters more than ever
  3. Sometimes the best plans are the ones you didn't make

Looking back, this experience reinforced that commercial property isn't just about the numbers 🔢. It's about being prepared for the unexpected, understanding your market deeply, and sometimes, making the best of situations you didn't anticipate. While the outcome was positive for us, it's a reminder that in this business, change is the only constant. Whether that change brings challenges or opportunities often depends on your preparation and perspective.

It's been a busy September with training events in Scotland and lots of great conversations at property meetups. A heartfelt thanks to all the podcast listeners who came to say hello - you make this journey so much more enjoyable! 🤝

Thanks again and as always, make sure you stay in the commercial property swim! 🏊‍♂️


JOIN THE NETWORK If you want to learn more about investing in Commercial Property, why not consider joining the CPI Network? We're a community of active investors who collaborate, share experiences, and empower each other in our Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/

Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/

See omnystudio.com/listener for privacy information.

  continue reading

286 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide