Client: | Transport sector design and fabrication firm. 7 UK locations |
Property: | Industrial units ranging from 20,000 to 70,000 sq ft |
Deal: | Complete portfolio restructure to incorporate rent reductions and lease restructuring |
Result: | Improved lease terms and over £800,000 cash savings |
Client: | Midlands based steel forming Plc with international presence |
Property: | 150,000 sq ft facility forming 3 combined buildings |
Deal: | Restructure of existing lease and improved terms incorporating a 15 month rent free period |
Result: | Rent agreed below market level plus £725,000 cash savings |
Client: | International Plc bakery and food supplier |
Property: | Combined industrial units. Surplus to requirements. Vacant with 5 years left to expiry and substantial cash drain on business |
Deal: | Surrender of both leases and all associated liabilities. Deal formally completed in only 3 weeks from first contact with landlord |
Result: | Over £700,000 cash drain extinguished |