Industry: Fitness
Assignment: Site Search and Lease Negotiation
Objective: Our objective was to identify a new location and negotiate favourable 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 $293,193 over the 5 year Lease period, plus several other beneficial Lease terms.
- Net rent savings $10,693
- Rent free period valued at $25,000
- Cash Contribution $75,000
- Bank Guarantee saving of $10,417
- Tenancy Coordination Fee saving of $7,500
- Incentives $175,000
- No Personal Guarantees
What our client had to say….
We used Kelly and her team to help navigate some very stressful times.
The team at Your Leasing Co went above and beyond to help us and throughout the whole process had our best interests at the forefront. I wouldn’t have been able to do what we did without Kelly.
100% recommend Your Leasing Co to anyone dealing with a difficult Landlord, having to relocate or to someone looking to set up business and wanting to start off right. Thank you.
Louise
Contact our team today if you want us to bring savings and added value to your next Commercial or Retail Lease 1300 356 702.