That Retail Property Guy

Mom & Pop Stores and Major Mall Giants: common and not-so-common ground as retail tenants

Gary Marshall Season 1 Episode 3

Understanding Estate Management and Lease Negotiations for Different Types of Retail Tenant

In this episode of That Retail Property Guy, host Gary Marshall explores the complexities facing small independent retailers compared to large multiple retailers in estate management and lease negotiations. Key topics include the varying landlord-tenant challenges, financial constraints, flexibility, and bargaining power of SME retailers versus large retailers. Gary shares insights on lease clauses, rent reviews, and dealing with unforeseen circumstances like pandemics. The episode emphasises the importance of professional advice and understanding one’s lease obligations for both small and large retailers.

 

00:00 Introduction to That Retail Property Guy

00:24 Small vs. Large Retailers: Key Differences

01:19 Challenges Faced by SME Retailers

05:07 Lease Negotiations and Bargaining Power

08:49 Impact of Economic Fluctuations

12:18 Unique Space Requirements and Configurations

15:47 Location, Location, Location

18:37 Conclusion and Final Thoughts

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