Industry: Café
Assignment: Lease Renewal
Objective: Our objective was to negotiate favourable Lease terms for our clients’ cafe 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 $317,456 over the 6 year Lease period plus several other beneficial Lease terms.
- Net rent saving $264.956 over 6 years
- Lease term 6 years
- Cash Contribution $50,000
- Rent review 4% > 3%
- Fitout Contribution $2,500
- No Site Survey Fees
- No Bank Guarantee
- Rent Free Period
What our client had to say….
Thank you, Kelly. A brilliant result achieved in obtaining both a rent reduction and refit contribution towards my businesses fit out! Your work ethic and tenacity throughout the experience was exceptional.
Nikki
Contact our team today if you want us to bring savings and added value to your next Commercial or Retail Lease 1300 356 702.