20i Domains

Mayfair

Discussion in 'Domain Appraisals' started by StudioVision, Oct 12, 2020.

  1. Hay

    Hay Active Member Exclusive Member

    Joined:
    Jul 2019
    Posts:
    364
    Likes Received:
    95
    @StudioVision - Do you use a hosted catcher or someone else's script?

    As for the price... if you can get £xx,xxx in the current economic situation i would take it... Mayfair.uk has limited use cases that an end-user could realistically use the domain for... one might argue its brandable but its going to be several years before the majority of end-users are looking at .uk as the default over .co.uk and even longer before they look at the .uk as the first choice and throw a ton of money at brand awareness and marketing. On top of that you have someone occupying and trading from the .co.uk in the exact niche most people would use Mayfair.uk. Therefore, it's likely Mayfair.co.uk would receive the majority of search/url traffic for Mayfair.uk until the general public are fully aware of .uk... For example, if you told the average joe.. "Aye, my website is Mayfair.uk... check it out tonight when you get home"... You can almost bet your life they would go to mayfair.co.uk unless they have it written down in black and white.
     
  2. Domain Forum

    Acorn Domains Elite Member

    Joined:
    1999
    Messages:
    Many
    Likes Received:
    Lots
    articles.co.uk
     
  3. StudioVision United Kingdom

    StudioVision Active Member

    Joined:
    Jan 2007
    Posts:
    858
    Likes Received:
    25
    My own, have done for years.
     
  4. Hay

    Hay Active Member Exclusive Member

    Joined:
    Jul 2019
    Posts:
    364
    Likes Received:
    95
    Ahh right, do you code yourself?
     
  5. lazarus

    lazarus Well-Known Member Exclusive Member

    Joined:
    Feb 2013
    Posts:
    1,253
    Likes Received:
    278
    But you have to look at the end game. 5, 10, 15+ years and beyond... You have to be in it, to win it.
    And that's what the domain game is all about. Speculation on our investments today for tomorrow.

    From this point on, I can only see it moving in one direction, up to a pivot point that we will observe a "speeding up" snowball effect.

    For me and many others, It's not if we will ever see parity and beyond, but when. That's the real question.

    "Failing to plan is planning to fail"
     
    • Agree Agree x 2
    Last edited: Oct 17, 2020
  6. StudioVision United Kingdom

    StudioVision Active Member

    Joined:
    Jan 2007
    Posts:
    858
    Likes Received:
    25
    Yep, you?
     
  7. figleaf007 United Kingdom

    figleaf007 Active Member Exclusive Member

    Joined:
    Oct 2006
    Posts:
    994
    Likes Received:
    19
    Pre Covid I would have loved this domain. Now, I certainly would have considered a 5 figure offer on it all. Mayfair is utterly dead at the moment, and whether it will recover to its former glory, like the rest of London, is questionable. There's currently a flight of Londoners to outside of the capital, what that means for the capital is unclear.

    Nice name and congrats, but I'd take the money and put it into a domain or project with less uncertainty around it.
     
    • Friendly Friendly x 1
  8. Trauiner United Kingdom

    Trauiner Active Member

    Joined:
    Feb 2016
    Posts:
    584
    Likes Received:
    62
    There is literally no reason why it would not go back to normal.

    People aren't going to stop going to pubs, restaurants and theatres etc once things get back to normal.
     
  9. webber

    webber Active Member

    Joined:
    Sep 2019
    Posts:
    180
    Likes Received:
    43
    optimistic thinking :rolleyes:
     
  10. figleaf007 United Kingdom

    figleaf007 Active Member Exclusive Member

    Joined:
    Oct 2006
    Posts:
    994
    Likes Received:
    19
    Not to detract from your domain question, but there are plenty of reasons why it won't go back to normal. Companies that have managed to continue operating will be asking why they need 500k rents as part of their cost base, people value outdoor space much more than previously (and that is something you don't get with properties in Mayfair) and speak to any estate agent and you'll find a flux of Londoners moving away from the capital.

    Don't know if you are a Londoner, as I am, but it has become a less and less attractive place every year, Covid has accelerated it's decimation. Sure, it will still be a symbolic, political capital but the wealth is being sucked out very quickly. Add a sprinkling of Brexit on top of that and things are just not great. My family is in the property business and most of my friends are in commercial property in central London, none of them disagree with me. You of course are entitled to, but if it was me, I'd be cashing in.
     
    • Like Like x 2
    • Informative Informative x 2
  11. Trauiner United Kingdom

    Trauiner Active Member

    Joined:
    Feb 2016
    Posts:
    584
    Likes Received:
    62
    Things like theatres, restaurants and tourist attractions will not go away. You're living in a fantasy land if you think differently.

    Not sure why a company questioning why they're paying 500k for rent instead of 350k, or a building being worth 18 million instead of 21 million, will mean that people will stop going to theatres.
     
  12. figleaf007 United Kingdom

    figleaf007 Active Member Exclusive Member

    Joined:
    Oct 2006
    Posts:
    994
    Likes Received:
    19
    Mayfair is not theatre land, it is fueled by the money of the people who work there. If they disappear, the glamour and appeal of the area disappear with it.
     
    • Like Like x 1
  13. Trauiner United Kingdom

    Trauiner Active Member

    Joined:
    Feb 2016
    Posts:
    584
    Likes Received:
    62
    You're talking about something above your knowledge area here.

    A website like Mayfair.uk (ranked correctly) would make nearly all of it's money from the theatres, hotels and nearby tourist attractions.

    Those 3 things are never going to go away in that area of London. Mayfair is never going to be a slum and the west end is not going to move to Bromley.
     
  14. DJ Wood United Kingdom

    DJ Wood Active Member

    Joined:
    Jul 2019
    Posts:
    377
    Likes Received:
    50
    To be honest I don't really see the point in this discussion. It is a nice name that I am sure everyone was chasing.

    I personally would of grabbed the £xx,xxx offer, but I would have been thinking short term. If @StudioVision feels he can develop it and make that back in a year, than good luck to him and I hope he does. Even if he only makes £5k a year, he can enjoy that and then sell it for £xx,xxx in a few years time.

    Nice catch, and good luck with it.
     
    • Like Like x 1
    • Agree Agree x 1
    Last edited: Oct 17, 2020
  15. figleaf007 United Kingdom

    figleaf007 Active Member Exclusive Member

    Joined:
    Oct 2006
    Posts:
    994
    Likes Received:
    19
    I'm really not, I've lived in London for 40+ years and know some of the most powerful people in property in London. But I can see my counsel is no longer welcome, so all the best with the domain, I hope you get what you want from it.
     
    • Like Like x 1
  16. StudioVision United Kingdom

    StudioVision Active Member

    Joined:
    Jan 2007
    Posts:
    858
    Likes Received:
    25
    Sorry, I’ve not received a PM.

    Not sure, it’s currently showing a property company’s website. Their MD says he owns ‘The Mayfair Group’ according to his LinkedIn profile.
     
  17. WalkinDude United Kingdom

    WalkinDude Well-Known Member

    Joined:
    Jul 2012
    Posts:
    1,066
    Likes Received:
    89
    .uk's get spoken of as if they were the black death itself. Loads of questionable domain suffixes have world-class and world-renown websites on them. What you actually put on the website is as important as the URL you choose. A domain name is ultimately only a component of a successful website.

    Mayfair is an interesting spot I spent a bit of time around. Prior to lock down the area has probably an 18hr clock 7 days a week. Soon as the offices close the nightlife takes over and it's very active. A lot goes on in that small district and it's all high-end.
     
    • Agree Agree x 1
  18. twostepsbehind Austria

    twostepsbehind Active Member Acorn Supporter

    Joined:
    Aug 2014
    Posts:
    209
    Likes Received:
    21
    Adding my two pence: the value for mayfair.uk goes a beyond just the geo location. I’ve come across plenty of businesses in the past that used ‘Mayfair’ in their business names just because it’s a prestigious place and they wanted to be associated to it

    Having said that, I fully agree with @figleaf007 ’s comments above

    Central London is fast becoming a ghost town. It’s turning into a vacuum and it could be years before another shift in working patterns brings life back to a once very busy place
     
  19. Murray

    Murray Well-Known Member

    Joined:
    Sep 2012
    Posts:
    4,192
    Likes Received:
    399
    No idea on price but if you're getting xx,xxx offers congratulations, very nice
     
    • Friendly Friendly x 2
    • Like Like x 1
  20. JMI

    JMI Active Member Acorn Supporter

    Joined:
    Oct 2015
    Posts:
    450
    Likes Received:
    76
    I wouldn't reg mayfair.uk if it was FTR (I mean maybe after a bottle of wine.. you might get a low/mid £££ on DL if you lucky). If someone was stupid enough to offer you 5k+ for a pipe dream that was a big missed opportunity. If it had a directory right now and made a steady and consistent 20k pa, it would obviously have some value (and it actually wouldn't bother someone if it was mayfairdirectory.co.uk, .com or mayfair.uk).

    You might get lucky and get a chance to move it on to another dreamer... don't blow it again..

    (...psssst... mayfairdirectory.uk is FTR... this is such a great business idea why doesn't someone get this for £3.90 and mayke it worth £100k!)
     
    • Disagree Disagree x 3
    • Funny Funny x 1
  21. StudioVision United Kingdom

    StudioVision Active Member

    Joined:
    Jan 2007
    Posts:
    858
    Likes Received:
    25
    Are you drunk now? There's a £1,500 pre-bid on DL :D
     
    • Agree Agree x 1
    • Funny Funny x 1