Leasehold Rent

Motel Mingle Forums Motel Leasehold Leasehold Rent

This topic contains 3 replies, has 3 voices, and was last updated by Busybees Busybees 9 months, 2 weeks ago.

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  • #8726

    Hi. Just curious if anyone has challenged the amount of rent on a lease hold property and won?
    Is it worth the extra money paying a lawyer to have a crack or are the amounts usually set in stone?

    Cheers
    Chrissy

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  • #8778
    Busybees
    Busybees
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    • Topics Started 22
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    It reqally depends on your lease and of course your landlord. Unfortunately ours is stuck in stone. I sent him a copy of a page our of a brokers brochure once (no sorry I no longer have it unfotunately) and that meant nothing to him. But if you can find a way, Im sure there are many of us who woule LOVE to hear it!!

  • #8777
    Paul
    Paul
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    • Topics Started 24
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    I’ve been led to believe that rent on a lease should be based around 22-23% of T/O. I still think lease rents are FAR too high and are usually cobbled together by less than honest brokers and owners….

  • #8729
    Busybees
    Busybees
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    • Topics Started 22
    • Replies 231

    I would be interested in the answer to this also!!

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