Looks like a sale and lease back. I would be wary of Tapanui, it would frighten me, only because I know nothing about the place, except it seems a long way off the beaten track - but is there any other users or uses for the building in 6 years if Wrightons vacate? Remember the rights of renewal favour the tenant but are not in your interests. (The tenant is not committed - but you are until the tenant decides whether or not he will exercise his rights)
The building is obviously good but I know so little about the area that I'm not the right person to ask. Sorry I'm not much help with this one.
Yes no stress I'm actually much more keen on the Winton(central Southland one (grew up in area) surrounded by some of the most expensive farmland in NZ.. little to nil good sized commercial available in the town ....
Last edited by JBmurc; 26-05-2016 at 04:19 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Bookmarks