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
Interim Rents - an easy bonus for Tenants between leases at Renewal?
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Interim Rents can be a complex minefield in long drawn-out lease renewals under the 1954 Landlord & Tenant Act, when there is a curious no-man’s-land of 'no lease' between the old lease and the new lease.
Host Gary Marshall discusses some of the main points in a topic which many tenants overlook at lease expiry, inadvertently leaving money on the Landlord’s table - whether they renew their lease – or hand back the keys and walk away.
What period might benefit from an Interim Rent? What rental value applies? Can this value be easily agreed or must the Court determine it? When is it due for payment, and what happens when it is settled up?
When rental levels are falling but renewal negotiations seem to drag on forever, an interim rent might be a welcome bonus for the tenant, and shouldn't be overlooked.
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Go to ThatRetailPropertyGuy for more on Gary Marshall, SmarterEstates and the TRPG podcast. You can also check out the TRPG Blog for reading versions of key episodes.
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