Industry: Beauty
Assignment: Lease Renewal
Objective: Our objective was to negotiate favourable new Lease terms for our clients’ nail salon, 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 $180,883 over the 3 year Lease period plus several other beneficial Lease terms.
- Net rent saving: $105,731
- Lease Terms from 5 years > 3 + 3 years
- Annual rent review from 5% > 4%
- Marketing Levy savings $15,152
- Fitout Contribution $60,000
- No Design, Survey or Hoarding Fees
- No Personal Guarantee
What our client had to say….
“What an outstanding experience this was as a business owner. Kelly’s knowledge and experience, doggedness and motivation to get the best outcome for us cannot be understated. This was an ongoing and protracted negotiation process over many months that finished with us achieving close to what we set out to achieve initially.
I would have no hesitation in recommending Kelly and the team to other businesses and will be using her services in the future.”
Jason
Contact our team today if you want us to bring savings and added value to your next Commercial or Retail Lease 1300 356 702.
