Internet returns may hit turnover rents
Language: English Series: Property Week ; 64(19) 14 May 1999, 19(1)Publication details: 1999Subject(s): Summary: It is feared that landlords could lose significant amounts of their rental income if retailers who pay turnover rents refund customers the cost of purchases made over the internet. Watertight clauses in leases are suggested as a way of preventing retailers from using internet returns to keep down rents.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3519-47 (Browse shelf(Opens below)) | 1 | Available | 93440-1001 |
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It is feared that landlords could lose significant amounts of their rental income if retailers who pay turnover rents refund customers the cost of purchases made over the internet. Watertight clauses in leases are suggested as a way of preventing retailers from using internet returns to keep down rents.