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Annie Jack
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Annie Jack is offline
Ontario, Canada
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30-05-2012, 06:25 PM
11

Re: 1888 general store... thinking about it

Yes Pixie - we went through it once already and will probably go again soon to look at it more carefully. There are 5 bedrooms and 4 bathrooms and other than some water damaged bedroom ceilings the interior is in decent shape. The roof has been fixed so that shouldn't be an issue any more. The basement is a concern - all brick and the floor was quite wet, even muddy in spots.

It's about 20 minutes southwest of London, not far from Dutton, which has a Foodland grocery, bank, etc.
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Mollie
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Wigan in Lancashire
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31-05-2012, 12:02 AM
12

Re: 1888 general store... thinking about it

Believe me Sue, that is an absolutely bargain price. Even my house is worth a little less than twice that, and it's only an ordinary three double-bedroomed house standing on a small plot of land. Thing is, over here, it's the land that's worth more than the buildings.
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Antibrown
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Cumbria UK
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31-05-2012, 07:11 AM
13

Re: 1888 general store... thinking about it

It looks a good size and possibly a good buy but I would have a complete survey done before I committed to buying it.
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Annie Jack
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Annie Jack is offline
Ontario, Canada
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03-06-2012, 03:45 AM
14

Re: 1888 general store... thinking about it

Originally Posted by Antibrown ->
It looks a good size and possibly a good buy but I would have a complete survey done before I committed to buying it.

Good point about a survey - thanks.
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Annie Jack
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Annie Jack is offline
Ontario, Canada
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Annie Jack is female  Annie Jack has posted at least 25 times and has been a member for 3 months or more 
 
06-06-2012, 12:30 AM
15

Re: 1888 general store... thinking about it

Well nothing's happened yet... most current news is that the cost of insurance would be about $7000 per year, based on the building being worth $1.2 million if completely restored. The current owner can't afford replacement cost so he's got it insured for $150,000. My banker thinks I should get a mortgage since I'd be downsizing but since I'm self-employed it's become an issue.
pixie
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Canada
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06-06-2012, 05:38 PM
16

Re: 1888 general store... thinking about it

its looks amazing
wish we could go look
Annie Jack's Avatar
Annie Jack
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Annie Jack is offline
Ontario, Canada
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06-06-2012, 08:49 PM
17

Re: 1888 general store... thinking about it

Originally Posted by pixie ->
its looks amazing
wish we could go look
If things go well and I become the new owner I'll be sure to invite you!
Annie Jack's Avatar
Annie Jack
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Annie Jack is offline
Ontario, Canada
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24-06-2012, 10:29 AM
18

Re: 1888 general store... thinking about it

Looks like a dead end... my request for a pre-approval on the mortgage got turned down twice. I hope whoever buys it does a nice restoration!
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anniemuldoon
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N Cumbria
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25-06-2012, 10:17 PM
19

Re: 1888 general store... thinking about it

What a shame, but at least you had a bit of a burst and its exciting thinking how you can do it all, never mind something else may turn up.
Annie Jack's Avatar
Annie Jack
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Annie Jack is offline
Ontario, Canada
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Annie Jack is female  Annie Jack has posted at least 25 times and has been a member for 3 months or more 
 
26-06-2012, 03:28 PM
20

Re: 1888 general store... thinking about it

Originally Posted by anniemuldoon ->
What a shame, but at least you had a bit of a burst and its exciting thinking how you can do it all, never mind something else may turn up.
Yes, exactly!
 
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