Monthly rents could become permanent

07 February, 2010

Monthly rental payments could become a permanent fixture for shop operators who originally switched from quarterly terms due to the recession.

That’s the view of property agent Christie & Co, which reports that the arrangements have helped to keep many businesses afloat during the economic downturn.

It says that over the last 18 months, retailers have been requesting assistance from landlords to ease the financial burden, either by seeking straightforward rental concessions or negotiating monthly rental terms.

Christies reports that the flexibility shown by landlords and the success of the change to monthly rental terms could see the return to quarterly rental payments postponed during a gradual recovery or in some cases indefinitely.

Head of rent reviews Stephen Owen said: “Landlords and tenants have appeared to have accepted that monthly rents are not a short-term fix and are here to stay in the short to medium term, and maybe even longer.”

Bookmark this

Site Search


English wine: a happy harvest for Christmas

All across England and Wales, vineyards are being harvested. Down winding country lanes come armies of welly-wearing conscripts wielding secateurs and buckets, ready to reap the rewards of our vines. Happily they come, their cheeks ruddy with pride. Half an hour later they’re crawling over muddy clods with lacerated hands, drenched in claggy juice and cold sweat, as if ploughing through an endurance race.

Click for more »
Upcoming events


Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know