Eg. 1 - lease renewal: qsr national brand, super regional shopping centre, sydney nsw
Net Rent saving of $473,588.79 over the new lease term compared to rentthat would have beenpaid if the tenant agreed to the landlord’s proposed renewal terms. TLD’s client had actually decided to close this store based on the renewal terms proposed which made it an unviable store which the client would not be able to sell to a franchisee abd could not continue to operate as a corporate owned store. As a result of the terms negotiated by TLD, the lease was renewed and a franchisee immediately purchased it based on the new financial proposition after nearly half a million $$’s were returned directly to the lessee via almost $100k less net rent for each of the 5yrs of the new lease.
eg. 2 - Market Rent Review: QSR National Brand, High street location, malvern victoria
Saving of $94,042.04 compared to passing rent. Net rent was reduced to a level lower than what the lessee paid in the first year of the lease 5 yrs earlier. We also negotiated improvements to the tenancy and building to be conducted by and paid for by the landlord.
eg. 3 - lease renewal: discount variety store brand, regional shopping centre, hunter valley nsw
Net Rent savings of $176,327.69 compared to the Lessor’s proposed renewal terms. TLD was able to negotiate a final position significantly below passing rent andalso achieve annual rent increases fixed at 3% rather than the proposed cpi+1% which in the economic conditions at the timeof the renewal, could have seen rent increasing by 7-8% annually although the savings calculated were basedoncpi+1% being equivalent tojust 5%.
“Good advice can pay you back ten-fold”
