Case Study 5: Milton Keynes
||Renewal of Head Lease
||Renewal of our client’s lease of a 150,000sq.ft. regional distribution centre in Milton Keynes.
- Detailed awareness of the client’s business requirements led to early negotiations with the landlord
- Tailored presentation of the client’s case to the landlord and successful negotiation leading to the grant of a new lease on more favourable terms than available in the open market
- £800,000 cash premium negotiated for the client as part of the renewal
The average time taken to agree terms and transact leases for clients in 2013 was 11 weeks