BPF/IPD annual lease review2010 [electronic resource]
Language: English Series: BPF/IPD Annual Lease Review ; 2010Publication details: London BPF IPD 2010Edition: 13th edSubject(s): LOC classification:- 346.4104343 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 151383-2001 |
Executive summary -- expanded database analysis and headline lease lengths -- technical appendix
The 2010 annual lease review, the largest study of its kind ever compiled, shows average lease lengths falling in 2010 to just five years, their lowest ever recorded levels. Small businesses are increasingly signing shorter deals, with 81% on leases of five years or fewer and therefore unlikely to face a rent review. By comparison just over 3% of small businesses have a lease of over 10 years. 2009/10 was a significant year for rent free periods and break clauses as landlords and occupiers grappled with poor economic conditions.