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Old 07-06-2007, 10:21 PM   #1 (permalink)
andy
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Default Leasing premises

I have a bit of a question about leasing comercial property.

If I owned a company and I also owned the premises from which it trades from, a shop for egxample.

And for financial reason I rent the premises to the company to create a revenue stream,

Say I wanted to sell the property to an investor who would then rent it back, I would free up a lot of cash and loose me altermative revenue stream but the company itself is in the same potition because it is still rentingthe premises.


with me so far?

my question is, will it be possible to creat a contract to specify the terms of lease to the degree of outlining that for the next 15 to 20 years they would rent the premesis to my company at an agreed price?

Could you also specify in a contract that the premesis could be bought back by the company at an agreed price?

Could you also specify that after the initial 15 to 20 years lease, as long as my company can afford to keep up the rent for the following x amount of years the lease will be renewed?

Basically I need to know if a contract can outline such terms and if so what type of contract will it be???

I understand these may be questions for an accountant but they are very expensive and this is all hypothetical.
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