Boots, Chester

Lease Advisory

Negotiating the new lease on renewal of a large retail store.

Appraisal of site, legal documents and collation of evidence to assess the rental value of a 66,000 sqft gross retail store located in a Cathedral City Centre.

Advising client on strategy and rental value, negotiations with the other sides surveyors, liaising with client’s lawyers, court process and PACT appointment, agreement of a new 10 year lease.

Boots 66,719 sqft store

Foregate Street, Chester

Lease Renewal – 15 December 2017

10 year term, initial rent £775,000 pa, interim rent £620,000 pa.


Project Details

Boots 66,719 sqft store

Foregate Street, Chester

Lease Renewal – 15 December 2017

10 year term, initial rent £775,000 pa, interim rent £620,000 pa.

Project Overview

Negotiating the new lease on renewal of a large retail store.

Appraisal of site, legal documents and collation of evidence to assess the rental value of a 66,000 sqft gross retail store located in a Cathedral City Centre.

Advising client on strategy and rental value, negotiations with the other sides surveyors, liaising with client’s lawyers, court process and PACT appointment, agreement of a new 10 year lease.


Contact

Andrew Holden

020 7332 2114

andrew.holden@dwdllp.com