Coronavirus UK: Has your tenant asked for a concession?

In Boris Johnson’s first daily coronavirus update yesterday, he urged the general public to stop “non-essential contact” and “all unnecessary travel,” and to avoid social venues including “pubs, clubs and theatres.”

Although supermarkets have been doing a roaring trade in pasta, hand sanitiser and loo roll in recent days, other retailers, restaurants and pubs have been conspicuously quiet.  Therefore, with the March quarter day fast approaching it is unsurprising that a number of retailers and other operators have approached their landlords seeking various concessions including rent deferments/waivers and changes to opening hours.

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