Client: Stratford-Upon-Avon District Council
Barclays Bank lease the periodic building which is one of the most prominent retail units in the heart of Stratford’s shopping area. The distinctive property has a retail unit with self-contained office accommodation over three floors and a basement area.
Our professional services team acted on behalf of Stratford District Council as landlord and after lengthy negotiations we reached an agreement with Barclay’s agent and increased the rent to £124,500 per annum avoiding entering into court proceeding. This increase shows a staggering increase of circa 3,450% from the passing rent.
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