COMMERCIAL TENANTS CAN NOW FIGHT THE RECESSION!

I am sure if you take a trip down your high street you will see numerous shops shut down with “to let” signs outside. Not since the recession of the early 1990’s have we seen as many retail casualties; Reduction in overall sales / profits mirrored with over-inflated rents mean more tenants are closing their doors, independent retailers seeing the heaviest fall in sales. It is anticipated that things will only worsen as consumer spending collapses further and there will be several years of negative rental growth.

The booming property market has brought about long leases with infrequent or upward-only reviews and this leaves many tenants either “sweating it out” or shutting up shop. There is now an answer for those tenants who find themselves in this position.

We specialise in rental reformulation and lease restructuring. We have a highly skilled team who have a proven track record in mediating on behalf of tenants with a genuine need for improved lease terms. We have a wide understanding of landlord / tenant issues and try to benefit all parties by avoiding tenants facing financial crises and landlords with empty units that they are unable to fill! We exhibit genuine needs for tenants to improve their terms during this period of uncertainty and present undeniable cases to landlords on behalf of those tenants.

If you feel that you would like further guidance on this issue please do not hesitate to contact me.

0800 4 96 95 94 or Email Lucy