Tough Times for Tenants
Tough Times for Tenants9/3/2019
Day and Bell fully recognise that the current economic climate is difficult, especially for retail tenants who face continued pressures due to Brexit uncertainty, online competition and increasing overheads including business rates and minimum wage increases.
We do act for many landlords and the majority take a pragmatic long term view, preferring to retain tenants and support their businesses rather than push for maximum rents at rent reviews and lease renewals. Our team also has a great deal of experience in acting for tenants and helping to keep rent increases to a minimum, Andrew Cooper having worked in-house at First Quench Retailing and Sally Salon Services as well as for clients such as William Hill. We offer very competitive fees so please contact Andrew to discuss your rent review or lease renewal.