When 'village' means out-of-town

Article Abstract:

The factory outlet concept is creating problems for UK rating surveyors trying to establish a fair rating system. Factory outlet villages, purpose-built developments in which retailers sell stock at reduced prices, have been developing in the UK since 1993. Landlords often charge rents based on turnover each month, due to the speculative nature of the operation, but base rents are also involved, and stronger tenants may be able to negotiate different terms. Valuers have to analyse these and other rent influences and also consider the warehouse market locally and the whole retail market.

All Other Specialty Food Stores, Variety stores, Discount Stores, Valuation, Real property tax, Real property taxes, Outlet stores, Factory outlets

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Insatiable hunger

Article Abstract:

The UK restaurant industry is experiencing a period of strong growth, but some smaller businesses should exercise caution, say experts. Some of the larger chains are expected to collapse under artificially inflated market conditions. Rents are at their highest in some areas of the UK. Top sites in Manchester, England, are reaching 215 pounds sterling per square meter. The large chains are dominating the rush for premises in areas outside London.

Eating places, Restaurants & Food Service, Food Services and Drinking Places, United Kingdom, Restaurant industry, Restaurants

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Landlord's security blankets

Article Abstract:

Rent deposits are beneficial to landlords, but confusion can arise over their use and the amount. Advice on when they are appropriate, other options and suitable amounts is presented.

Landlord and tenant, Landlord-tenant relations

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