Guides for shop owners · Massachusetts and Connecticut
Should I sell my shop but keep the building and lease it?
Keeping the building and leasing it to the buyer is a popular choice. It turns your property into income, but you're still a landlord.
If this sounds like youYou like the idea of a steady check every month without running the shop.
Your options
What you can do.
OPTION 1
Lease to the buyer
Steady rent, and the shop stays.
OPTION 2
Sell the building later
Lease now, sell when the time is right.
OPTION 3
Sell both now
No landlord duties, one clean exit.
Before you decide
What to watch for.
- A long lease protects the buyer and you.
- Decide who fixes the roof and the lot.
- Rent too high can sink the new owner.
How Lotus helps
Owner to owner, and it stays private.
Lotus will buy both, or buy the business and lease your building, whichever works best for you.
Talk to JamesQuestions
Quick answers.
Is leasing my building to the buyer a good idea?
It can be, for steady income. Make sure the rent is fair and the lease is clear.
Can I sell the building later?
Yes, often to the same tenant.
Keep reading
Say hello
Thinking about what comes next for your shop or building?
Reach out and we’ll talk it through. No pressure, and the conversation stays private.
james@lotuspe.us