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Stroud - 24 Merrywalks Centre
F Hinds Ltd, jewellers, instructed me to negotiate the rent review 29 September 2000 at its branch in The Merrywalks Centre, Stroud, Gloucestershire.
The rent was £21,500 per annum and, for various reasons, the review was up or down. The Landlord's Surveyors, Johnson Fellows, offered to settle at £19,750 pa. I referred the matter to arbitration so as to present a submission to someone with no vested in the outcome.
The Award was £15,000 pa.
A saving of £6500 per annum
For the September 2005 review, F Hinds Ltd started negotiations direct with the Landlord's surveyors, this time, Alder King. The proposal was £28,500 per annum but, before I was instructed, the Landlord had offered compromise at £26,000 pa.
This time, the Landlord had applied for arbitration. A different arbitrator to last time was appointed. On my recommendation, the arbitration proceeded.
The Award was £24,675 per annum.
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The rent was £21,500 per annum and, for various reasons, the review was up or down. The Landlord's Surveyors, Johnson Fellows, offered to settle at £19,750 pa. I referred the matter to arbitration so as to present a submission to someone with no vested in the outcome.
The Award was £15,000 pa.
A saving of £6500 per annum
For the September 2005 review, F Hinds Ltd started negotiations direct with the Landlord's surveyors, this time, Alder King. The proposal was £28,500 per annum but, before I was instructed, the Landlord had offered compromise at £26,000 pa.
This time, the Landlord had applied for arbitration. A different arbitrator to last time was appointed. On my recommendation, the arbitration proceeded.
The Award was £24,675 per annum.
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