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Old 10-20-2009, 04:45 PM   #13 (permalink)
spirit4711
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Join Date: Oct 2008
Location: Nong Seng
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Quote:
Originally Posted by The Big D View Post
Can he fill the space if you leave? The answer, at least for commercial space where I am right now, is probably "no". If that's the case, you have all the leverage and it's time to play hardball.
That also depends on the type of lease contract. In my country one usually rents for a term of 5 years. If you stop after say 2 years, you still have to pay for the remaining 3 years...

Hardball may be an option though. Another one: discuss lowering the rent and paying him a percentage of turnover.

Were there times in the last five years that you made enough profit in your eyes? What do you sell BTW?
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