Assignment: New Site Lease Negotiation
Objective: Our objective was to negotiate favourable Lease terms for our clients’ new location, which would meet the requirements of the business into the immediate future.
Our objective was to negotiate the lowest possible rent whilst maximising the terms from the Landlord.
Result: We achieved a total saving of $26,758 over the 5 year Lease period plus several other beneficial Lease terms.
Results included:
- Net rent saving $10,508
- Lease Term 5 years
- Rent Reviews 3%
- Cash Contribution $8,000
- Rent Free Period $8250
- No Bank Guarantee
- Limited Personal Guarantee
What our client had to say….
I engaged Kelly when negotiating my first retail lease this year. She was fabulous from the very beginning. There were so many things I hadn’t thought of, or even knew was possible when it came to negotiating. Kelly was able to save me so much not only in rent, but time/stress dealing with the landlord, agent and solicitor. I will definitely be phoning her to re-negotiate for me when my option comes around. Thanks Kelly!
Lisa-Maree
Contact our team today if you want us to bring savings and added value to your next Commercial or Retail Lease 1300 356 702.
