Chapter 1: The idea · 7 January 2011
Bidding pt1
We asked our friend and builder, Rich, to give us an idea of how much it would cost to bring down the back of the cinema.
Without him going into the building, he reckoned £20k off the top of his head.
There was no planning permission on the building, but after my meeting with them, I reckon I would get it. Nothing for certain obviously, but risks bring reward.
I thought I’d chuck in a daft offer. £65k. At this point, our offers are subject to survey/contract whatever, so we could always back out.
To cut a long story short, they said they’d accept £120k. So I kept edging up my bid, but they weren’t budging.
They then told me they were going to put it into auction. My final offer was for £100k to not take it to auction, but if they did, all my offers were withdrawn.
They took it to auction.