5% profit which will rise to more than 7% in March following the expiry of a rent-free period
at the park.
Sometimes the rent-free period
is extended as an incentive to induce the tenant to take the lease at the rent required.
They generally include a rent-free period
, a reduced rent period, or cash payments from the landlord to cover specific costs.
As part of the deal, a three-year rent-free period
was agreed to give the company time to refurbish the building and trade initially with fewer costs.
It adds up to a total equivalent rent-free period
of four years and nine months worth pounds 1m.
How about a rent-free period
when you sign up for a one-year lease?
For instance, how long do tenants want to commit for, should they ask for a lease break option and is the landlord willing to offer a rent-free period
while tenants adapt the premises to their needs?
BlackRock has a rent-free period
of 36 months and rent will be reviewed every five years, Songbird added.
They have taken the premises on a 16-year lease with a stepped rent in lieu of a rent-free period
, culminating in rent in years three to five of pounds 16 per sq.
A rent holiday is either a rent-reduction or a rent-free period
A "rent holiday" is a rent reduction or rent-free period
During the one-year rent-free period
, each family will be required to deposit at least $200 a month into a First Union savings account from which no withdrawals can be made, except for emergencies.