THE RETAIL BULLETIN - The home of retail news
Lest we forget
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
THE Retail Conference
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Leadenhall Market tenants offered additional rental support ahead of Christmas

The City of London Corporation is supporting Leadenhall Market tenants through the Covid-19 pandemic by offering them the chance to pay rent on a turnover basis…. View Article

UK HIGH STREET NEWS

Leadenhall Market tenants offered additional rental support ahead of Christmas

The City of London Corporation is supporting Leadenhall Market tenants through the Covid-19 pandemic by offering them the chance to pay rent on a turnover basis.

The plan will see new leases drawn up for any of the 35 eligible businesses that wish to take up the offer. The option will also be given to businesses signing up for any vacant units.

Catherine McGuinness, policy chair at the City of London Corporation, said: “This has been an exceptionally difficult year for many City businesses. We hope the option of turnover rent for those tenants based in the iconic Leadenhall Market will help to lessen the immediate burden of overhead costs and support a sustainable recovery. We have every faith that the Square Mile has a bright future and we are taking action, where possible, in order to preserve our unique offerings as we emerge from the shadow of the pandemic.”

Retail businesses accepting the offer will be moved to a five-year lease with a break at three years.

 

 

Subscribe For Retail News