Furniture factory Negotiation Chichester

Saving significant rent and removing structural liability

Background: this company had already identified a new unit, but recognised that they did not have the experience to negotiate the best deal on the lease.

Challenge: they called on Culverwell Consulting to perform the negotiation, and help identify the key issues, one of which was the existence of certain structural problems.

Solution: Culverwell achieved acknowledgement in the lease that the problems pre-existed and were not the tenant’s responsibility to put right. We also negotiated a significant rent-free period.

Benefit:the saving on rent in the first two years amounted to £75,000, in addition to the saving implicit in avoiding liability for the structural problems.

£75,000 saved in the first two years

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