Thanks to all of you for your comments.

Kum, You mentioned us occupying the premises and that you always rented for your business. I do intend on using the rent as an expense to our business .

We are looking at the option of possibly leasing the new premises to onother company as We are paying less where we are currently than what we are able to get in the new location.

Once again This forum is great. Have learnt so much just through reading the posts.
katz