Pubs, bars and restaurants when trading down is affected by your own covenant
Language: English Series: Journal of Retail and Leisure Property ; 6(1) January 2007, 84-91(8)Publication details: 2007Subject(s): Summary: Discusses the problems that can arise when disposing of leases held by tenants of good covenant strength to tenants of weaker financial standing. Considers in particular the restaurant sector where leasehold property is the preferred choice of tenure, and where the failure of new businesses is extremely high.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L137738 (Browse shelf(Opens below)) | 1 | Available | 137738-1001 |
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Discusses the problems that can arise when disposing of leases held by tenants of good covenant strength to tenants of weaker financial standing. Considers in particular the restaurant sector where leasehold property is the preferred choice of tenure, and where the failure of new businesses is extremely high.