Industry: Retail
Assignment: Lease Renewal
Objective: Our objective was to negotiate favourable new Lease terms for our client which would meet the requirements of the business into the immediate future.
Our objective was to negotiate the lowest possible rent whilst maximising the incentives and assistance from the Landlord.
Result: We achieved a total saving of $45,513 over the 5 year Lease period plus several other beneficial Lease terms.
- Net rent saving $24,298 over 5 years
- Annual rent review 3%
- Marketing Levy $1,215
- Fitout Contribution $20,000
- Bank Guarantee $18,491.08
- Rent Free period – 2 weeks
What our client had to say….
Working with Kelly made our lease renewal discussions easy. She was extremely professional and thorough. I would absolutely recommend partnering with Your Leasing Co. for any lease negotiations.
Jason