Client: | National Plc travel agent |
Property: | Over 1,300 UK retail branches |
Deal: | Lease restructures, rent reductions and rent free periods |
Result: | Over £10 million in rent savings |
Client: | National clothing retailer |
Property: | Over 100 shops in high street and shopping centre locations |
Deal: | Commercial Portfolio Review. Restructure of 50% of portfolio to include rent reductions and lease surrenders |
Result: | Substantial improvement in portfolio performance, down size to core performing stores, £1 million plus in cash savings |
Client: | National shopping centre retailer |
Property: | 115 down to 80 stores trading in administration |
Deal: | Renegotiated terms on 85% of remaining operational portfolio. Agreed terms to trade from 0-25% of existing rent for 18 months whilst business was being restructured |
Result: | £millions in rent savings for duration of restructure |