Hello All,
I have spoken to the landlord of the building where I work at. He has had the building for sale with some signs on the windows for about 6 months, but really hasn't done much advertising other than that. (he'd rather have someone else do the work) This is a building on main street in the down town area. When he came in last week, I asked him if I found a buyer for his building, if there would be a finders fee and he said yes. I have never done anything like this before, so how do I go about it? This is a large building and half of it is now currently being rented out by my company which is a furniture retailer and the
other half is being rented out by a tuxedo/bridal place. The building is very old and needs the entire roof replaced or properly fixed. Also, because the building is so old, it is not up to code. The owner is motivated to sell, because he is currently in a lease option in another building which will soon be coming up. My company is down sizing and moving at the end of November and he will be losing the rent payment that our company makes to him. Temporarily, he has been looking for a replacement tenant to take over when we leave. Personally, I think this would make an awesome location for a club and if I had the money my self, I would convert it into one. But, I know it would take a pretty penny to get it converted into one. There is a new university in town and no good clubs for students or locals to go to. I think there is huge potential for this location. Any advice is greatly appreciated. Thanks!