Commercial Rent
This coverage of Commercial Rent delves into the regulatory, financial, and strategic facets of retail premises costs impacting the UK pet trade sector. As commercial rent nears the top of cost concerns for pet retailers, wholesalers, and distributors, understanding lease terms, valuation changes, and landlord-tenant dynamics is critical. Pet Gazette provides news, business insights, trends, and case studies on market rent fluctuations, lease renewal strategies, rent review legislation (including the impact of Retail, Hospitality and Leisure Act), and negotiation best practices—equipping pet trade professionals with practical guidance to manage overheads, optimize location strategy, and safeguard profitability.
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Jun- 2020 -26 JuneRetailers
Just 13.8% of retail rent collected on June quarter day
Landlords received just 13.8% of rent owed by the UK retailers on this quarter’s rent date, compared with the 19.8% collected in March, according to new data from Re-Leased. The cloud-based commercial property management platform said retail properties were the “worst performing group” compared with offices and the industrial sector,…
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Apr- 2020 -24 AprilBusiness Bites
Retail landlords reined in, France gets touch on tax havens, and insurers face biggest ever payouts
The government has banned landlords from using winding-up orders against their retail tenants, after aggressive rent collection tactics which threaten the future of retail businesses came to light. Tens of thousands of businesses in both retail and hospitality have found themselves unable to keep up with their rent during the…
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24 AprilCoronavirus
Government introduces new measures to protect high street
The business secretary has announced a new set of measures that will be introduced to protect high street businesses “under strain” from the ongoing pandemic. High street shops, and other companies facing financial difficulties, will now be protected from “aggressive” rent collection and asked to pay what they can as…
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