New start

[colinrob]

What would you do if you were approaching 55 had £200,000 equity in house and able to cash in pensions for £100,000 after tax so have £300,000 available to start a new business but must have accommodation with it, my thoughts are bed and breakfast on the south coast while perhaps buying and selling the odd car and even doing it in an area where you can hire, repair and sell bicycles. I know I will also need a mortgage on any B&B purchase

[colinrob]

Not worried about mortgage as to me it would just be a business loan and its property so it will always go up in value

[colinrob]

In a pub I would definitely drink all the profits