this is excellent. Thank you.â
âPleasure.â He inclined his head.
Enough pleasantries, she decided. This was business, so they might as well save some time and cut to the chase. âSo, what are these mutual interests you wanted to discuss?â she asked.
âOur businesses are next door to each other. And theyâre both works in progress,â he said, âthough obviously the hotel renovation is quite a bit further on than the cinema.â
âAre you thinking mutual customers?â
âAnd mutual parking.â
His eyes really were sharp, she thought. As if they saw everything.
âAre you really going to run the place as a cinema?â he asked.
She frowned. âWhy would I discuss my business strategy with a competitor?â
âTrue. But, if you are going to run it as a cinema, Iâm not sure youâll manage to make it pay, and itâs not going to be good for my business if the place next door to me is boarded up and looks derelict,â he said bluntly. âMost people would choose to take the Tube into the West End and go to a multiplex to see the latest blockbuster. One screen doesnât give your customers a lot of choice, and youâll be competing directly with established businesses that can offer those customers an awful lot more.â
âThat all depends on the programming.â Sheâd been researching that; and she needed to think about whether to show the blockbusters as they came out, or to develop the Electric Palace as an art-house cinema, or to have a diverse programme with certain kinds of movies showing on certain nights.
âWith your background in bankingââ well, of course heâd checked her out and would know that ââobviously youâre more than capable of handling the figures and the finance,â he said. âBut the building needs a lot of work, and restoring something properly takes a lot of experience or at least knowing who to ask.â
âItâs been boarded up for the last five years. How would you know the place needs a lot of work?â she asked.
âBecause if you leave any building without any kind of maintenance for five years, thereâs going to be a problem,â he said matter-of-factly. âAnything from damp caused by the tiniest leak in the roof thatâs built up unnoticed over the years, through to damage from mice or rats. None of it will be covered by insuranceâassuming that there was any premises insurance in place at all while it was closedâbecause that kind of damage counts as a gradually operating cause.â
There was definitely insurance in place. That was the first thing sheâd checked. But she also knew he had a point about uninsured damage. And sheâd noticed that he was using legal terms as if he was very, very familiar with even the tiniest of small print. Sheâd need to be very careful how she dealt with him.
âAnd then thereâs the state of the wiring and the plumbing,â he continued. âEven if the rats and mice have left it alone, the cablingâs probably deteriorated with age, and do you even know when it was last rewired? For all you know, it could still be nineteen-fifties wiring and itâd need replacing completely to make it safe. Without safe wiring, you wonât get public liability insurance or any of the business licences you need.â
Just when she thought heâd finished, he continued, âAnd then thereâs lead piping. Unless your water pipes have been completely replaced since the nineteen-sixties, thereâs a good chance youâll have lead piping. Youâll need to get that replacedâjust as weâre having to do, next door.â
She didnât have a clue when the wiring had last been done, or even how to check what its current state was like, or how to check the water pipes. âThatâs precisely why Iâm having a survey done,â she
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