Over the last few months we have seen an increase in instructions from retail clients looking to dispose of unprofitable shops. These shops can be in a wide range of locations – shopping centres, high streets or in factory outlet schemes. Wherever they are located, there are normally two common themes – they will always be leasehold and the retailer will always want to dispose of them quickly!

Many retailers will not have heard of the Construction Industry Scheme (CIS) – but it can have some quite dramatic effects on a retailer who is being paid a capital contribution by a Landlord. Click on the above link for more information.

You will be well aware of the severe cash flow effects of having to pay rent on your retail units quarterly in advance. Rental payments We act for a number of retailers who have had concerns on this issue for some time. These concerns have increased in the last few months, mainly due to increased pressure on cash flow caused by the credit crunch and a slow down in consumer spending. Click on the link to read the full article

A number of our retail tenant clients are actively looking to take new leases in shopping centres. “Why, in this climate?” you may ask. The reason is simple – there are many empty units in shopping centres throughout the country. Landlords are keen to fill these units and are giving some very attractive financial packages – in some cases paying for the Tenant’s fit out and giving rent free periods.

Two attributes make Morgan Cole unique in its ability to comprehensively service the property needs of clients in this area: 1. our experience of regeneration, relocation and new developments; and 2. our strength and depth of expertise.