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
Every Retail Estate Manager's Most Important Tool - RTFL (aka Read the lease and know your liabilities)
The Essential Guide to Reading Leases: Insights from An Estate Manager
In this episode of 'That Retail Property Guy' hosted by Gary Marshall, the discussion centres around a fundamental concept in estate management: the importance of reading and understanding leases (RTL or RTFL). Gary shares past experiences and practical advice, emphasising the need to read the actual lease and all associated documents in detail. The episode highlights potential pitfalls and valuable strategies for tenants, including recognising archaic clauses, knowing lease terms, and understanding landlord’s consent. Through real-world examples, Gary underscores the significant impact of lease knowledge on estate management and tenant advantage.
00:00 Introduction to That Retail Property Guy
00:24 The Importance of Reading the Lease (RTL)
01:09 Understanding Lease Documentation
01:53 Key Lease Clauses and Their Implications
04:34 Landlord's Consent and Demise Extent
05:40 Alienation Clause and Repairing Obligations
06:31 Case Studies: Real-Life Lease Scenarios
12:18 Conclusion and Final Thoughts
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