HARVIE & HUDSON
CLIENT BRIEFHaving been established since 1964 with two stores in the renowned menswear destination, direct descendent of founder Thomas George Harvie, Richard Harvie has worked in store for several years.…
CLIENT BRIEFHaving been established since 1964 with two stores in the renowned menswear destination, direct descendent of founder Thomas George Harvie, Richard Harvie has worked in store for several years. The company say they are an ‘all round gentleman’s haven’ and even offer a shoe shine, wet shave and barber service at their Lime Street store – quite a shopping experience for the modest man-about-town! Harvie & Hudson was looking to expand and enlisted the help of askre. The companies were looking to save money on their rents and having built a rapport with ask-re they contacted the company again for assistance.
OUR PROFESSIONAL APPROACHAfter speaking with Harvie & Hudson and gauging their needs, ask-re set about negotiating an appropriate site for a new store in Lime Street, the heart of London’s insurance and financial district. As a result ask-re looked at the savings that could be made on the company’s other properties by saving on annual rents. We followed our standard diligence full review of business objectives: ask-re Inspected the property and location ask-re Reviewed the lease documentation and Licences ask-re Conducted property market research ask-re Liaised with solicitors/other tenants/landlords ask-re Made cost recommendations offering budgetary advice and then setting tactics to suit the agreed client objectives
THE SUCCESS STORYask-re were proud to deliver an outstanding result for Harvie & Hudson cutting £100,000 per annum office rent and making capital savings in the fit out works, plus substantial capital contribution from the landlord. This effectively halved the rent over the seven years to the tenant’s break point. All in all a great deal tailored precisely to meet all the client’s business imperatives.
THE VERDICT“We have utilized the full range of ask-re’s services. After working with ask-re when we opened our Lime Street store in late 2010 we were extremely happy with the results and their service. They helped us find the property and negotiate what we should be paying, as well as fitting out the store when negotiations were finalized. They have helped us with rent reviews on all of our stores and we have been extremely happy with the money they have been able to save us. We will be very happy to continue working with askre.” Matthew Beadle – Harvie & Hudson