Me and Mrs RNP are toying with the idea of converting a commercial building into a residence for us. We live in a nice cottage that we’ve just finished renovating but between us buying it 12 years ago and now our life has changed tack considerably with the Mrs now running her own business which requires storage space and I rent a large unit for my tinkering/work.
The commercial property we’ve just viewed would tick the boxes for her storage and my tinkering and cost wise would roughly be the same monthly as our mortgage and unit rent and still be able to provide space enough for a nice albeit traditional home (it’s a small Victorian mill).
Has anyone done similar and we’re there any pitfalls/pluses ?