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Can anyone help

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  • 05-12-2019 8:51pm
    #1
    generalmental
    Registered Users Posts: 485 ✭✭


    Hi, I want to start my own business in the new year.
    I have found the perfect area and the perfect premises. I have run into a bit of a problem though. The premises has been closed for 5 years, the last company in the premises has been dissolved for the same 5 years.
    I went to the area today and asked all the other retailers if they knew who owned/managed the shop I was looking at and they all told me that a bank owns it.

    My question is does anyone have any idea if/how I can find out what bank owns it and if they have any plans for the shop in the future. It has just been sitting there empty for 5 years.

    Probably a long shot but any help would be much appreciated.


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    #2
    thegolfer
    Registered Users Posts: 346 ✭✭thegolfer


    generalmental wrote: »
    Hi, I want to start my own business in the new year.
    I have found the perfect area and the perfect premises. I have run into a bit of a problem though. The premises has been closed for 5 years, the last company in the premises has been dissolved for the same 5 years.
    I went to the area today and asked all the other retailers if they knew who owned/managed the shop I was looking at and they all told me that a bank owns it.

    My question is does anyone have any idea if/how I can find out what bank owns it and if they have any plans for the shop in the future. It has just been sitting there empty for 5 years.

    Probably a long shot but any help would be much appreciated.

    If a bank owns it, then it'll be up for sale shortly, if not already sold.

    Check the cro for the compnay that trader there. Look to see if a receiver has been appointed to the company. This may give an indication, and you could contact them, however they'll only be interested in a sale.

    If you're interested then there's no issue.

    Second, is there a management company in place for the area, you could find out who owns that way.


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    #3
    Gloomtastic!
    Registered Users Posts: 8,479 ✭✭✭Gloomtastic!


    Just don't get too bogged down trying to get this make this happen. It could take months/years to pull off and your time could be better spent getting your idea up and running.

    Good luck to you!


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    #4
    ironclaw
    Registered Users Posts: 8,004 ✭✭✭ironclaw


    Throwing this out there, if you have the perfect area and the perfect business, why has that location been closed to any business for 5 years? Generally, most business will thrive / be attracted to where there is adequate footfall. I'd ask why nothing has opened in its place.


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    #5
    generalmental
    Registered Users Posts: 485 ✭✭generalmental


    Gloomtastic! wrote: »
    Just don't get too bogged down trying to get this make this happen. It could take months/years to pull off and your time could be better spent getting your idea up and running.

    Good luck to you!

    Thanks for the reply. I'm going to do this. I just have to find a new place.


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    #6
    generalmental
    Registered Users Posts: 485 ✭✭generalmental


    ironclaw wrote: »
    Throwing this out there, if you have the perfect area and the perfect business, why has that location been closed to any business for 5 years? Generally, most business will thrive / be attracted to where there is adequate footfall. I'd ask why nothing has opened in its place.

    From the conversations I had with the other retailers yesterday, seemingly there is money owed and it is holding up any sale.


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