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Course Turnover Rents: Making them work in Practice

Overviewnew


While the concept of turnover rents and shared risk/reward is simple, making it work is an entirely different matter.

Not only is it difficult to predict and capture all sources of turnover, but you also need to think about changes to everyday lease provisions like alienation clauses and user restrictions.

This course will give an overview of turnover rents, and consider how to make them work in a world where many tenants retail online as well as from physical premises.

It is aimed at those negotiating retail lettings for both landlords and tenants.

The course will refer to a turnover rent schedule to illustrate how the technical issues are dealt with in practice.

It will include:

  • Calculation of turnover rent
  • Ability to revert to an open market rent
  • Implications for alienation
  • Impact on rent review
  • Impact on break options
  • Relevance of use restrictions
  • Factoring in online sales

You may also be interested in attending: Short Term and Undocumented Occupation: A Toolkit which takes place at the same venue in the afternoon.

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Details


Type
Course
Level
Intermediate
CPD
3 hours
SRA

Fees


£105.00
Package Price
Click here for details

£240.00
Non Member

(Excluding VAT)

Speakers


Mark SheltonDetails

Brochure


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Book

Wed 09 May 2018 Book
09:30 | Manchester
Mark Shelton

Tue 12 Jun 2018 Book
09:30 | London
Mark Shelton

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