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lease renewal in a pandemic

I have various clients who have lease renewals and rent reviews in Northern Ireland at the moment.

Some are historic from 2019 and some are coming up within what is the pandemic Covid-19 period.

It is amazing the views that different people are taking at this time, thinking that the past in any way will mirror the future in...

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Card Factory renew lease in Castle court

Murphy Chartered Surveyors and Property Consultants, one of N Ireland’s leading retail and leisure estate agents, have helped Card Factory with their lease renewal negotiations in Belfast's Castle court.

As our client come's close to the end of a 10 year period in the scheme, they have taken stock of the current trading level and...

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Card Factory commit to a further five years in Coleraine

Card Factory have made the decision to renew their lease for a further five years at 31 The diamond, Coleraine.

The decision was based on favourable renewal terms being negotiated with the owners of the building, in light of difficult high street trading conditions.

Lets hope that despite difficult high...

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Card Factory sign up to a further three years in The Junction Antrim

Card Factory have made the decision to renew their lease, for a further three years in the Junction in Antrim.

The decision was based on renewed optimism of the centre's future with a £30 million of investment planned in the coming years.

Lets hope there plans come together, in the coming years to revitalise this scheme.

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Card Factory commit to a further five years in De Courcy Centre

Card Factory have made the decision to renew their lease for a further five years in the De Courcy Centre, Carrickfergus.

The decision was based on renewed optimism on the centre's future, following a recent letting to Poundstretcher in a Large anchor unit, that faced there store.

This had been empty for some 6 years and...

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Card Factory sign up to a further three years in Quayside Derry

Card Factory have made the decision to renew their lease, for a further three years in the Quayside Centre in Derry.

The 1600 sqft store is one of four shops the company currently has trading in the city.

The decision was based on renewed optimism of the centre's future, following a recent purchase of the scheme, by a new...

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Murphy secure rent reduction in Fairhill Centre Ballymena

Murphy Chartered Surveyors, one of Northern Ireland's leading retail and leisure advisers has secured a rent reduction in the fairhill  centre Ballymena.

Murphy had been appointed by Card Factory to review and negotiate their potential lease renewal options in the scheme at in the middle of 2016.

Following discussions and...

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Murphy secure rent reduction in Park Centre Belfast

Do you have a break clause, in your lease ,in the next 12 to 18 months and are deciding if you should continue trading in the current location.

Recently, Card Factory instructed Murphy to see what a fair market rental, should be, for a unit they have in the Park Centre, Belfast, following some material changes in the location, which...

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Murphy agree lease renewal for Card Factory in Castle Court

Murphy Chartered Surveyors have agreed a lease renewal for their client’s Card Factory in one of Northern Ireland flagship retail destinations.

Our clients had a lease renewal in feb 2016 and following some detailed discussion with the landlords over the last 12 months, terms were finally agreed that met with both sides...

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