Woodshed Restaurant fire 11-28-13

Billy Bob · 12-02-2013, 04:34 PM

What a building it was . It was loaded with charm that came from being an original barn structure that cant be duplicated.
To rebuild requires the building be brought up to current code , that's all the ADA act issues and general construction codes . That can't and should not be waved. And with those codes comes a loss of the original ambiance.
The other serious issue is the current owners picked this up at a foreclosure auction for a price that seemed to be well below market price. That's also what helped make it work financially. Rebuilding will be at full replacement costs that will make margins tight . I would call it a game on this one and move on to the next deal .

12-02-2013, 04:34 PM	#11
Billy Bob Senior Member Join Date: Jan 2012 Location: Tiera Verdi Fl & Moultonborough Posts: 325 Thanks: 131 Thanked 169 Times in 102 Posts	the loss is not replaceable What a building it was . It was loaded with charm that came from being an original barn structure that cant be duplicated. To rebuild requires the building be brought up to current code , that's all the ADA act issues and general construction codes . That can't and should not be waved. And with those codes comes a loss of the original ambiance. The other serious issue is the current owners picked this up at a foreclosure auction for a price that seemed to be well below market price. That's also what helped make it work financially. Rebuilding will be at full replacement costs that will make margins tight . I would call it a game on this one and move on to the next deal .