Rent Review for new MD, whose business was threatened with rent doubling

The furniture industry is a small world within which people move around. Having concluded a substantial acquisition for a previous company, the managing director then left to run the London business for German seating experts, Interstuhl. He soon found that that the landlord intended to double the rent and, naturally concerned, called Warwick Bookman & Associates.

We negotiated with the landlord on Interstuhl’s behalf and were able to reduce the quoted rent by almost 40%.

This equates to a saving of circa £250,000 over the remaining 5 years of their lease. It pays to take good advice, doesn’t it?

April 2011