This Sweet Shop Makes Him £60K a Year – Passively!
The Samuel Leeds Podcast - A podcast by Samuel Leeds
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➡️ Join Samuel Leeds Property Crash Course for ONLY £1: https://www.samuelleeds.com/slptour In this episode, I’m in Worthing, West Sussex, showing you an incredible commercial-to-residential property investment. Instead of just buying houses, what if you could rent out commercial properties and turn them into cash-generating assets? That’s exactly what my student and good friend Isaac has done—he transformed an old sweet shop into a high-yielding commercial and residential unit. We break down: ✅ How to buy commercial properties below market value ✅ The benefits of FRI leases (Full Repairing and Insuring leases) ✅ Using permitted development rights to convert commercial spaces into residential ✅ The short-let vs long-term rental strategy for maximum cash flow ✅ How Isaac turned an old £25,000 kitchen into a high-end feature for just £2,800 ✅ The exact numbers, costs, and profits from this project 📈 The Results? A property bought for £250,000, refurbished for £80,000, and now valued at £450,000+—all while generating pure passive income! 🔑 KEY TOPICS COVERED: → What is a Full Repairing and Insuring Lease (FRI)? → How to get planning approval for commercial-to-residential conversions → Maximising rental income with strategic refurbishments → The power of short-term lets near tourist hotspots → How to find off-market property deals through estate agents → Tips for negotiating property prices with motivated sellers ➡️ It all starts with a Crash Course! Book your spot at Samuel Leeds' next course for ONLY £1: https://www.samuelleeds.com/slptour USEFUL LINKS: 🎥 WATCH: The Eviction 2024 - All five episodes out now: https://www.samuelleeds.com/evictAB 📖 READ: My latest best-selling book: https://www.samuelleeds.com/FOMPOD ♟️ PLAY: Get the Property Millionnaire boardgame: https://www.samuelleeds.com/ytbg ❓ Have a question about property? Join my Property Facebook Group: https://www.facebook.com/groups/778613042238071 🗣️ FOLLOW ME ON SOCIAL MEDIA: → YouTube: https://www.youtube.com/@SamuelLeeds → Instagram: https://www.instagram.com/samuelleeds → TikTok: https://www.tiktok.com/@samuel_leeds → Facebook: https://www.facebook.com/OfficialSamuelLeeds/ → Twitter: https://twitter.com/samuel_leeds → LinkedIn: https://www.linkedin.com/in/samuel-leeds-64660683 We are always looking for interesting podcast guests: For collaboration enquiries, please email [email protected]