Outside of the realms of tax, the lease premium is a device for changing the profile of the cashflow from a lease. If an investment company needs to invest in a new property, or refurbishing an existing property, it may decide to charge a lease premium in order to get an up front lump sum return on its investment. This would often be reflected in a lower passing rent under the lease than an open market rent for the property.
If an existing lease is assigned to a new tenant, then a premium may be charged by the old tenant to the new tenant. This would reflect some special value that the lease or property had, e.g. a low rent, or specialised fittings.
There can also be a reverse premium, where the tenant receives a lump sum. This might be an inducement to pay a higher rent, or to fund works in the property.
My suggestion was not based on a specific building, but in general to the thread.
What;s wrong with Nandos out of interest? Iâm all for independent places, but also like a few chains too, this for me happens to be one of them.
Thatâs you and @Pauline not using it when it opens then lol
My thoughts exactly mate, and drives my hope that a few big names will come in to help attract people to parts they donât already explore.
Just not my thing although I realise they are quite popular - I donât really have any objection to them as long as I donât have to eat there. I like chicken to have some structure to it - it was all mushy and yet rubbery at the same time and accompanied by some tasteless slop masquerading as sauce Mind you I only went once but it felt like the staff had been recruited from wrong end of the bell curve as they couldnât cope with anything slightly off piste.
I admit I am a bit fussy about food - but maybe I should give them another go.
I quite like Nandos. One of the better quality large chains IMO.
But I think any large chain setting up in Forest Hill is going to have a footfall issue. Our centre is very small and so not necessarily suited to big chain businesses looking to fill up large spaces. I suspect itâs the same reason Wetherspoonâs wants to offload the Capitol (and why theyâre struggling for a buyer). Nandoâs (and similar) tend to set up in larger centres - our nearest are Catford, Beckenham, Lewisham, Camberwell all of which have many more commercial units.
I wouldnât, if I were you. I would, if I were me, which I am. If you want chicken and chips and coleslaw and white wine - especially before or after a movie - then great. We like Nandos. Doesnât sound as though youâll derive much pleasure from giving it a second chance, though. Chacun Ă son gout. That is all.
I would normally always give everything two goes before I add them to the list of things to avoid - maybe three but it was so awful I have never felt the need to go back. Maybe one dayâŚ
If we were to have a new food place I would love a Vietnamese.
Nandos here, and Nandos in South Africa (where it originates) is very different. I find it overcooked here to satisfy health and safety. Nowt wrong with that but then there is cooked and there is COOKED!
I think something like âH&Mâ would go down well where âHome Accessoriesâ is especially as M&Co will become âSuperdrugâ soon, but donât think FH has enough footfall sadly
And letâs not forget the asking premium for a 3 year lease is ÂŁ400k!
