Online Retail Sales Business

The Challenge:

• The client business had experienced exponential growth, as a result exceeding the existing operational premises.

What We Did:

• We undertook a strategic review of all the business’s real estate and operational costs, with various solutions proposed.
• A surrender of the current lease was agreed, with a premium negotiated benefiting the tenant.
• All dilapidations claims were avoided.
• A new lease on larger premises was agreed with substantial financial incentives given.

The Benefits:

• The business was able to move to new premise that were a better fit for their needs
• Successfully negotiated reduction in the fit-out costs of the new premises.
• An option was also agreed on the neighbouring space if required for future growth, thus future proofing the businesses space requirement longer term.