Change to your Managing Agent Part 2/2 - What you need to be aware of

A change in managing agent can often cause confusion when managing a retail property lease. This is largely because you have absolutely no control over when (or how quickly) a change like this will happen; often it might be sprung upon you. These challenges are compounded when there are multiple changes to the managing agent over the lifetime of a lease. So, in this two-part series we look at what you need to be aware of and how you can manage your risks.

Change to your Managing Agent Part 2/2 - What you need to be aware of

A change in managing agent can often cause confusion when managing a retail property lease. This is largely because you have absolutely no control over when (or how quickly) a change like this will happen; often it might be sprung upon you. These challenges are compounded when there are multiple changes to the managing agent over the lifetime of a lease. So, in this two-part series we look at what you need to be aware of and how you can manage your risks.

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Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

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Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

See how Contractus enabled Emma to develop her skills in Human Resource Management. Read Emma’s story on the blog and see how Contractus could be your next big career move.

Breaking a lease agreement is a significant decision that tenants may face due to various reasons such as site relocation, financial constraints, or strategic imperatives.

Understanding the process is crucial to handle it effectively. This guide will explore the why, what, and how of breaking a lease. It will address the common reasons for breaking a lease, considerations tenants should keep in mind, and steps involved in the process. While each situation may be unique, this guide provides a general overview to help tenants navigate the process of breaking a lease.

As this is such a complex area we have broken this down into three blogs, which we will release over the next few weeks, each addressing one of these key areas:

• Why you would break a lease?

• What is contained within a lease and what that implies for the actions required to break it and finally

• What to do to ensure you make the break in the best possible way, protecting your business and your business relationships.

Every business has its own specific property needs and requirements, therefore nothing written here represents advice.

Learn more about our managing director, Nigel Sabell. With insights into his motivations, experience and what he does at Contractus.

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The core aim of any procurement team is to supply the requirement of the business in the most convenient and cost-effective way, in support of its overall business strategy. Their success can be measured by reference to several variables such as price, quality, speed of delivery, customer service and so on. Crucially though, the means to achieve this should always be proactive, rather than reactive. Read more on the Contractus blog.

See how Contractus helped a high growth non-food retailer solve their complex lease history. Read our case studies on the blog and see how our property, contract and tailored services can help your business grow.

At the end of our most successful financial year to date, we decided to mark the occasion with a slap-up meal and a spot of fun in the big city.

At the end of our most successful financial year to date, we decided to mark the occasion with a slap-up meal and a spot of fun in the big city.

See how Contractus resolved outstanding debt issues within the property portfolio of a retailer experiencing rapid retail site growth between 2000 and 2020. Read our case studies on the blog and see how our property, contract and tailored auditing services can help your business grow.

See how Contractus enabled a billion pound UK high street retailer to transition ERP systems smoothly & profitably. Read our case studies on the blog and see how our property, contract and tailored auditing services can help your business grow.