CASE STUDY 

BUNZL CRAWLEY 

LEASE RENEWALS:

Objectives: 

To negotiate lease renewal to include a break clause and avoid court proceedings

Lease renewal date – March 2019

Outcomes: 

Identified and costed credible relocation options

Engaged with Landlord direct well before lease expiry

Landlord proposed renewed rent of £232,250pa, agreed at £215,000pa

Initiated 6-month rent-free expressed as half-rent

The landlord agreed to waive the costs of the dilapidations survey

Savings Achieved: £193,750

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