CASE STUDY 

FEDEX GELDERD RD LEEDS 

LEASE RENEWAL:

Objectives: 

To negotiate lease renewal with a tenant-only break and avoid Court proceedings 

Outcomes: 

Secured required break clause on a penalty-free basis 

Achieve a 2-month rent-free period 

Rent agreed at £170,000 against £225,000 proposed 

Savings Achieved: £578,000

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