That Retail Property Guy
Welcome to That Retail Property Guy, the podcast where retail property expert Gary Marshall champions retail tenants and empowers professionals across the industry. With a career spanning decades, a dozen retailers, and millions in recovered losses for leading UK retailers, Gary shares his unparalleled knowledge to help retail tenants protect their rights, navigate leases, and maximise opportunities often overlooked by landlords, estates and accounts teams.
This podcast is your go-to resource for unlocking the mysteries of retail property. Whether you're an experienced professional, a mid-sized chain, or someone just starting in the industry, Gary’s insights will help you build confidence, avoid pitfalls, and thrive in this complex field.
Through practical advice, real-world examples, and interviews with industry leaders, That Retail Property Guy is dedicated to fostering development and knowledge-sharing for the next generation of retail property experts.
Listen weekly and discover how small insights can lead to big wins for retail tenants everywhere. Start your journey to retail property mastery today!
That Retail Property Guy
Surplus Leases & Alien Nations.
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Host Gary Marshall discusses whether leases on non-profitable retail locations can be handed back to the landlord – or what other options are open to the retailer?
He highlights common alienation provisions in commercial leases, with conditions which might allow or restrict an assignment of the whole lease, or a subletting of part, possibly on a different rent or other varied terms.
He mentions how shuttering a store might be an obvious choice if the losses exceed the occupational costs of rent and business rates, but he also points out how accountancy housekeeping of badly-allocated central costs or poorly managed depreciation might give a poorly performing store another chance.
Should landlords play a part in helping a correction in long-established but unsustainable rental levels, and could a CVA be the only legitimate choice for a retailer locked into leases which it cannot afford?
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Find out more and message us on the podcast website
Go to ThatRetailPropertyGuy for more on Gary Marshall, Smarter Estates and the TRPG podcast. You can also check out the TRPG Blog for reading versions of key episodes.
For our niche 'Accounts Recoverable in Retail Property' business services, visit SmarterEstates
And find Gary and team on LinkedIn for regular updates and community info!
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