Background:this client had identified his ideal location, and received a weighty document, from his prospective landlord, setting out the terms of the lease.
Challenge: Culverwell Consulting were called in and reported that, of the 22 proposed terms, 7 were non-contentious, but the other 15 offered opportunities for savings.
Solution: we finally reached agreement on all 15: the fact that the landlord’s profit also depended on the tenant’s turnover made it a ‘win-win’ deal.
Benefit: in cash terms, the savings to the tenant amount to more than £50,000 p.a.
Covering costs through the detail of retail