Monday, 26 March 2012 News

Murphy helps retailers negotiate rent reductions in Northern Ireland

Murphy helps retailers negotiate rent reductions in Northern Ireland

At Murphy Chartered Surveyors and Property Consultants we have helped retailers looking for new outlets to secure the best rental terms possible over the last year.

We negotiated 33 new lettings in N Ireland during 2011, for national and local retailers and on average, secured rental reductions of around 40 % from the quoting terms.

Our clients such as www.bhfshops.org.uk , www.cardfactory.eu.com , www.chequecentre.co.uk and www.chainreactioncycles.com to name some, have seen the financial benefits of appointing experienced local advisor to assist with the identification and negotiation of new sites.

Where required, in addition to rental reductions, we have negotiate flexible leases and incentive packages, which helped make opportunities more viable for our clients.

If you are considering new opportunities in N Ireland / Ireland, then why not consider appointing the local retail experts to guide you through the market place.

Now is a good time to look, with rents facing further downward pressure, flexible lease terms on offer and more space available to consider.

For property advice that gets you results, why not ask Murphy, others have.