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Negotiating a 25-year lease to enable a Ringwood based aeronautical firm to expand

28 November 2023 by

Challenge: This airframe designer needed to expand. They had identified an ideal property across the road from their existing site, with much-improved facilities. The offices were, however, dilapidated, and the company was taking over the last five years of a 25-year lease with a full structural obligation.

 

Result: I negotiated for the outgoing tenant to pay for the office’s restoration, and limited our client’s liability, eliminating the risk of costly future repairs. Through skilled negotiation, I brought monetary benefits – including an extended rent-free period – which covered fees and the cost of moving many times over. Of equal value to the client was the financial certainty that I delivered.

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