"Dave Smith" > wrote in message
...
> On 17/05/2013 6:20 PM, gloria p wrote:
>
>> Or sometimes the landlord sees a little success as a cash cow and jacks
>> up the rent enough in the following year to cause financial failure.
>>
>
> That is exactly what happened in a small bakery in a small touristy town
> near here. There had been a sort of general store that never did well.
> Then it was a bakery and did not do well. A woman took it over, started
> making better products, put put some tables and umbrellas to make it look
> more inviting. Other people driving by saw the people enjoying their
> coffee/ tea and snacks so they stopped. She started getting regular. The
> landlord saw how well she was doing and jacked up the rent. She closed.
> Pity.
>
>

the last story I heard along these lines was that the landlord gave a
restaurant a sweetheart deal for five years, and then wanted to raise the
rent to something closer to market rents. Everyone screamed that the
landlord was screwing the guy, doubling his rent, etc. were the rumors. Fact
is, he essentially handed the restaurant a pile of money in the form of low
rent for five years, and then the restaurant owner left. the landlord
really didn't get to recoup his investment on that deal.