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Re-negotiating multiple leases, saving £750,000 for the NHS.

Our head leases expire in March 2023 but had originally included tenant break options in June 2019. Options analysis was undertaken, which considered consolidating space and relocating altogether, but following discussions with the customers and detailed financial analysis, it was decided that the best option was to stay in the current buildings and pursue lease re-gears which would provide an opportunity to extract value from the lease breaks.

Using our expertise in lease negotiations, we were able to take advantage of the upcoming lease breaks for the benefit of the NHS.