Your Business Lease And…Should I Stay or Should I Go?
that’s the million dollar question, right? At some stage in the business lifecycle, every business, large or small, needs to evaluate whether they “STAY” and negotiate a renewal or “GO” and negotiate a new lease in a new location. This process can be complicated and...
How Do I Work Out a Market Rent?
Where do I start to negotiate a market rent with the landlord? Rent Negotiations: Tips For Getting The Best Deal “Won't the Landlord propose the market rent? Landlords are always looking for growth on their assets, so their ideal position is nearly always an increase...
How a Beautician Saved Over $300,000 on Their First Retail Lease!
CASE STUDY: How a Sydney based beauty business secured their first location on the best terms, saving thousands. We were recently approached by a beauty industry business owner with an objective of opening five stores within the next two years. She was looking for...
Take It Or Leave It?
Have you heard that before, from your Landlord? Are you considering signing a Lease without negotiating the terms? Think twice before making a costly mistake! In this eye opening case study, we reveal the hidden pitfalls of blindly accepting Lease agreements and...
Am I still on the hook for my lease after I sell my business?
AND BACK TO WORK 3 YEARS INTO RETIREMENT! Most people don’t know that when you sell your business and assign your Lease, you are not always off the hook for the remaining Lease liability? What to do to ensure that your Lease doesn’t stay with you when you sell…...
Lease Negotiator or Commercial Lawyer – Who does what?
Introduction A Lease Negotiator and a commercial lawyer each have an important role to play in the leasing process! You will need both and it is important to understand what each of these service providers do. A Lease Negotiator is typically someone who is...
10 Tips for a Tenant Negotiating a Commercial Lease Renewal with a Landlord
Preparing for and actually negotiating a renewal with your Landlord is a bit more serious and involved that just agreeing the rent and signing the paperwork. A lease renewal is an opportunity to re-evaluate the market value of your tenancy and unfortunately, too many...
The 5 Most Common Mistakes Tenants Make when Negotiating with Their Landlords
Commercial Tenants are business owners that specialise in delivering their chosen product or service. Landlords specialise in leasing out their properties for the highest rent they can. Because Landlords specialise in leasing out property and Tenants do not, there is...
An interview with a tenant representative, FAQ’s and what’s in it for me?
Ryan Maddock of Maddocks Accounting & Advisory took some time to chat with Kelly Cunningham from Your Leasing Co, a well known commercial property Tenant Representation firm, known for getting amazing results for their clients and put some direct questions to her...
How a business owner saved over $141,000 on his lease renewal
Did you know that you should be reviewing the market rent and negotiating your rent before you renew it? Are you aware of all the other areas that you can negotiate to improve your position on your property lease? If this has raised your interest, please read on…...
Landlords are locking tenants into new leases with an implied lease. How?
WHAT IS AN “IMPLIED LEASE” AND WHEN CAN IT BE IMPOSED ON A TENANT? Put simply, sometimes the actions of the Landlord and the Tenant can unwittingly trigger an “Implied Lease”, even though no one has signed a formal Lease document. Leases are not normally binding until...
What Role Does your Landlord Play in your Business Covid Recovery?
CASE STUDY How reducing your rent plays a role in a post COVID landscape for the tenant and the Landlord: One Tenants Story. COVID has changed the commercial leasing landscape for Tenants as well as Landlords. No one could have predicted the financial impact of the...
How to get $87,000+ in savings and value on your new lease.
CASE STUDY: How a Melbourne based hairdressing business negotiated their new lease to maximise immediate and long term savings. Quite simply, a lease negotiation isn’t a negotiation when the Landlord feels as though they are in a more informed position and...
Security on Commercial Leases
Personal Guarantees, Bank Guarantees, Security Deposits.… What does Security on Commercial Leases mean? What are the risks? Can I negotiate them out of my Lease? Security on Commercial Leases: As a regular part of the work we do in representing Tenants in their...
10 Tips for Tenants Negotiating a Commercial Lease with their Landlord
We often get asked about the most common areas that a commercial Tenant can negotiate with their Landlord. It is very important to keep in mind that the Landlord is looking for the best financial return on their property and will put their initial asking position to...
5 things to know about options to renew in commercial leases
Demystifying the ancient art of Options for commercial and retail property leases In our experience in working with Tenants to negotiate renewal terms, we often come across situations where a Tenant has an option. Unfortunately, rarely do we see the Tenant fully...
The tenants dilemma…The landlords gain
THE TENANTS DILEMMA Unfortunately, most tenants will approach a lease negotiation from a position of limited knowledge of the leasing process and the current market conditions. Landlords are aware that time-poor tenants will often negotiate from an inferior position...
What is a Tenant Rep and Why You Might Consider Using One
If you are a business owner, the chances are that you’ve gone through the time consuming, sometimes confrontational, financially stressful and somewhat disconcerting experience of finding an appropriate site to operate your business from and negotiating a retail or...
COVID-19 “A TENANTS SHIELD”: Protection for commercial tenants COMMERCIAL TENANTS
No time to understand what protection is available to you as a business owner??? The national commercial and retail Code of Conduct or the state legislation makes you want to roll your eyes with the thought of “where will I find the time to get on top of that?”…....