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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