Partnership Lease Agreements

(Partnership Incentive Agreement & Partnership Investment Agreement)

One of our new Partnership Lease Agreements will either give you the opportunity to secure a ten year lease with the potential to earn an incentive payment at the end of 10 years or benefit from a capital refurbishment, at the onset of your agreement, made by us, in consultation with yourself. Both options come with the benefit of being able to assign the lease after two years.

Partnership Incentive Agreement & Partnership Investment Agreement

• Both agreements are for 10 years and are contracted out of Part ll of the Landlord & Tenant Act 1954
• Both agreements are assignable from the end of year two
• Both agreements are fully repairing and insuring
• Both agreements require rent to be payable a week in advance and trade payable weekly in arrears

Partnership Incentive Agreement only

• Opportunity to obtain an incentive payment at year 10 based on sales growth
• The Incentive payment is calculated by a lump sum bonus plus a volume related bonus, both payable on achieving an agreed target at the 10th anniversary of the lease

Partnership Investment Lease only

• The lease includes an investment deed where support works are to be undertaken to the property by us, in consultation with yourself

Click here to search for a property with a Partnership Incentive Lease

Click here to search for a property with a Partnership Investment Lease