Investment in England Cluster

[SAH]

Dear England Cluster,

I am going to buy a small shop to run my own grocery store
you think its ok to do investment there or not?

Your help will be appriciated

Best Regards
SAH

[farooki]

Originally Posted by SAH

Dear England Cluster,

I am going to buy a small shop to run my own grocery store
you think its ok to do investment there or not?

Your help will be appriciated

Best Regards
SAH

It depends on the location of your shop and how many buildings nearby are vacant. Other than that I think its a good investment. All the best.

[SAH]

Thank you for your feedback i m not a big invesitor just a small shop i want to start

[farooki]

Originally Posted by SAH

Thank you for your feedback i m not a big invesitor just a small shop i want to start

Just keep your prices good, cause majority of the people living in International City go to Cooperative Union Society which is near the Fruit and Vegetable market to buy their grocery. So Keep this in mind when pricing your products.

[SAH]

Yes, i will try my best to provide good services.

[farooki]

Originally Posted by SAH

Yes, i will try my best to provide good services.

When do you plan to start and by what name?

[SAH]

Not decided still looking good place in different clusters

[Roshan]

Originally Posted by SAH

Dear England Cluster,

I am going to buy a small shop to run my own grocery store
you think its ok to do investment there or not?

Your help will be appriciated

Best Regards
SAH

SAH,

Use a mortgage calculator and see how much you EMI's will be.

It's recommended that you survey the area and see what is the potential for a grocery store. There could be more than one. You need to do a business plan before you can get into this kind of project.

Regards

Roshan

[kaku67]

Originally Posted by SAH

Dear England Cluster,

I am going to buy a small shop to run my own grocery store
you think its ok to do investment there or not?

Your help will be appriciated

Best Regards
SAH

i have also two shops in england cluster tring to rent it out for the last 7 months but no one is willing to take it , what is the best rent to ask ?, somone was saying that jafza discourage people to do buisness so prices come down ,and it takes like upto 2 years to get a licence. some people have even paid rent upto one year still wating for licence now they have cancelled lease agrement. i ithnk it would take a few years to get the shops started . and price would come down to 150 to 250per square foot, and rents will come down to 15 to 20 dhs per square foot per year . the international city retail shops are the only investment in whole of uae ,which have lost value.i wish had never invested there.

[SAH]

Originally Posted by kaku67

i have also two shops in england cluster tring to rent it out for the last 7 months but no one is willing to take it , what is the best rent to ask ?, somone was saying that jafza discourage people to do buisness so prices come down ,and it takes like upto 2 years to get a licence. some people have even paid rent upto one year still wating for licence now they have cancelled lease agrement. i ithnk it would take a few years to get the shops started . and price would come down to 150 to 250per square foot, and rents will come down to 15 to 20 dhs per square foot per year . the international city retail shops are the only investment in whole of uae ,which have lost value.i wish had never invested there.

Wow! i have just purchased a shop in Greece K10, 474 sqrfet 430000DHS
i think i lost my investment is it true?