
In December 2007, Cadogan Tate faced a rent review on a warehouse comprising some 20,220 sq ft and following extensive negotiation where the Landlord initially quoted an increase to £162,000 per annum from a reserved rent of £139,350 per annum exclusive, a settlement was agreed at £140,000 per annum – an increase of only £650 per annum against a demand of over £22,000 per annum.
Professional | Anthony Lorenz