RE: Property25 Jul 2018 13:29
this sain is insane imo. comparing apples with oranges as far as poundland is concerned. They failed because they painted themselves in to a corner with no room to maneuver.
If pets have budgeted on their leases, then they don't give atoss if rents are falling.
In Fact i'd say all that will do is encourage more retailers (the ones that need space) to open up, and repopulate the high street/out of town.
And in any case, low rents are a problem for the portfolio owner, not pets.
ie your talking crap. Don't blame you for talking this down though, cracking divi, cash flow, and vet practice growth.