CASE STUDY 

TNT BYFLEET 

LEASE RENEWALS:

Objectives: 

To negotiate short-term lease renewal to coincide with the acquisition of new premises

To navigate a path around Landlord redevelopment proceedings

Outcomes: 

Short-term lease renewal outside Landlord & Tenant Act

2-year Renewal with a rolling break clause

Landlord proposed renewed rent of £525,000pa, settled at £408,000pa

Secured statutory compensation of £408,000 which otherwise would be lost

Savings Achieved: £642,000

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