Tenable Solutions Limited,
Unit 3 Thornes Office Park,
Monckton Road, Wakefield,
West Yorkshire
WF2 7AN

Tel: 0844 855 0 225
Fax: 0844 855 0 229

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Commercial Rent Problems

Retail Market Upheaval

The Global economic downturn is claiming more retail casualties than at any time since the recession of the early 1990s, spelling the end of the high street as we know it. As a result of over-inflated rents and a reduction in overall sales and profit, more and more tenants are closing units.

The worst hit are the independent retailers who have seen the heaviest fall in sales. In a recent survey, 70% of respondents said that they had seen an average fall in sales of over 12%.

As the occupational market worsens with a consequent collapse in consumer spending, we anticipate several years of negative rental growth. Those lucky enough to have a review or renewal due will inevitably see a reduction in their rent. However the nature of a booming property market has brought about long leases with sporadic or upwards-only reviews, which leaves many tenants either sweating it out or shutting up shop. For those tenants there is now an answer – contact us today.

Commercial Agents Reduce your retail rent

We specialise in rental re-formulation and lease restructuring. Our highly skilled team have a proven track record in mediating on behalf of tenants with a genuine need for improved lease terms. Our team has an understanding of landlord and tenant issues and seek to benefit all parties by avoiding tenants facing financial crises and landlords, empty voids. We demonstrate genuine needs for tenants to improve their terms during this period of economic uncertainty and present a compelling case to landlords on behalf of those tenants.

We have a unique proven formula that can genuinely help your business.

Reduce your retail rent with TENABLE SOLUTIONS.

Contact us now 0800 4 96 95 94.

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