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RLI INDUSTRY INSIGHT

FIT-OUT GALLERY

WELCOME TO THE RLI FIT-OUT GALLERY, WHERE THE VERY BEST FIT-OUT SPECIALISTS TAKE THE OPPORTUNITY
TO PRESENT THEIR SERVICES TO RETAILERS AND LEISURE OPERATORS, BOTH NATIONALLY AND INTERNATIONALLY.

ESPRIT DIGITAL NIKI LTD PORTVIEW

The Legal View

In our Industry Insight, Peter Allinson, Chief Executive
of real estate law firm Davitt Jones Bould, explains to us
what global retailers need to know about entering the LUMOS LED from Esprit Digital. We offer Niki Ltd is a family-owned company with over 30 years of Portview is a leading fit-out specialist operating in the UK
and Ireland, who are recognised for delivering beautiful
unrivalled one-stop service to transform the most
experience in the retail industry. We are key manufacturers
UK amidst all the changes to the market in recent times. challenging high footfall retail sites anywhere in and experts in custom-made, fully integrated projects interiors for the world’s leading brands. With over 40
the world into stunning digital screen enviroments for fashion, cosmetics, supermarkets, sport brands, years of experience, we combine style with our wealth of
Oxford Street, London, UK and then support them both remotely and restaurants, etc. Our unique approach to detail uses the experience to turn our clients vision into reality.
physically for life. Recent in-store projets include: latest technology in production and project management Our hands-on, straight-talking approach ensures projects
Dolce & Gabbana, Puma, Fendi, Ralph Lauren, giving our partners a turnkey service – from technical data are delivered on time and on budget, which is why we
n recent years, the impact of Brexit, the a turnover-based model, which is particularly significantly in that time – and owners and Chloe, Burberry, Valentino, Gordon Ramsay, development, value engineering to high quality production. are chosen by some of the world’s top brands, including
Tiffany & Co, Arsenal FC, Samsung, Tottenham Hotspur
ICovid-19 pandemic, tensions between popular among large institutional landlords. occupiers alike report that aspects of the Act have Ray-Ban, Harvey Nichols, Adidas and Armani. Modern in-house production for metal, joinery and carbon and Fortnum & Mason.We don’t believe in settling
products gives us extra flexibility to respond to all market
physical and online retail space, rising minimum Turnover leases provide increasing flexibility for become burdensome, unclear and out-of-date. needs… We turn brand ideas into reality! for second best. When you choose Portview, you are
guaranteed world-class results.
wages, inflationary pressures and business rate retailers during difficult and uncertain times, while There is concern that parts of the Act stand in www.espritdigital.com/lumos www.niki-ltd.com www.portview.co.uk
revaluations have caused seismic shifts in the UK’s owners are more likely to engage with occupiers the way of modern commercial practices, causing
traditional bricks-and-mortar retail landscape. than they would on standard leases, since they unnecessary cost and delay for both owners and PURE FITOUT SCHWITZKE PROJECT
In response, the UK’s most forward-thinking have a material interest in their occupiers’ success occupiers and preventing commercial space from
occupiers are adapting and innovating fast – and want to maximise the rent they receive. being occupied quickly and efficiently.
recognising that the power dynamic between To address these concerns, the UK Law
consumers and retailers has permanently EXPERIENCE-DRIVEN RETAIL Commission is currently undertaking a YOUR PROJECT
changed and embracing new leasing models The retailers currently leading the UK consultation on the Act to assess its suitability COULD BE
and experience-oriented stores. market are those who understand they need for today’s commercial leasehold market.
But what are the legal implications of to offer more than just sales, since this can Whatever the outcome, we look forward to FEATURED HERE
the UK’s ‘retail revolution’ and what key easily take place online from the comfort of guiding our clients through the intricacies of the
things do businesses need to know when consumers’ own homes. UK’s commercial leasing system. Pure Fitout is an independent, award-winning Building Experience - Schwitzke Project offers
considering entrance or expansion in this Instead, we’re seeing a rise in concept stores fit out specialist with extensive experience AVAILABLE FROM complete concepts for individual shopfitting from a
single source. The company’s core competence
in high quality, bespoke interior fittings and
quickly evolving market? and alternative uses: units are being repurposed DELAYS TO LEASES installations. Utilising specialist expertise to APRIL 2025 lies in the implementation of concepts into
to make the art of live shopping more focused AND HM LAND REGISTRY manufacture joinery, metal and stone in-house, FROM £125 A MONTH* ready-to-use stores, incorporating the
OWNER-OCCUPIER RELATIONSHIPS on service and experience over products alone. Many global retailer clients we work with we are dedicated to bringing client visions to life brand’s identity as well as local conditions.
in an efficient and cost-effective approach.
Brands and retailers from all over the world
In the UK’s changed, post-Covid market, This is demonstrated by Harrods opening ‘H have remarked that in the UK, processes like trust in the expertise of Schwitzke Project’s
owners are less hardline than previously in Beauty’ stores with interactive make-up, skincare negotiating leases, dealings with HM Land internationally experienced team to bring
their brand images to life.
negotiating commercial terms with occupiers. and fragrance stations, while at Nike, shoppers Registry and even the court system can be
Gone are the days of the “us vs them” are invited to join sports activities or personalise convoluted and frustratingly slow. www.purefitout.com www.schwitzke-project.com
mentality: today’s owners are far more open sneakers and sportswear. Having a sharp focus Tools like the Model Commercial Lease
to discussions and flexible arrangements. They on the legal ramifications of such changes of – a template to create leases for commercial UMDASCH
now take a collaborative, partnership approach use can make the journey of repurposing much property – have helped speed things up, yet
and are much more willing to establish a deal faster, simpler and smoother. without good legal advice, commercial leases
that works for both sides. that should take between four-six weeks can
THE LANDLORD often drag on for months. YOUR PROJECT YOUR PROJECT
A RISE IN TURNOVER-BASED LEASES AND TENANT ACT 1954 Meanwhile, following the pandemic, HM Land COULD BE COULD BE
One of the ways this partnership style of It’s critical that retailers entering the UK get Registry – the service to register ownership or
working manifests itself is through a rise in their heads around relevant legislation – which occupancy of UK land and property – is facing FEATURED HERE FEATURED HERE
turnover-based leases, which are seen as a fairer can be complex, but can also work in favour of significant backlogs, with registration currently
option for both owners and occupiers. Under occupiers. taking between 12-18 months. umdasch The Store Makers: Premium &
this model, occupiers pay an agreed annual base One such law is the Landlord and Tenant In recent years, we’ve been pleased to help Travel Retail delivers 155 years of our heritage and AVAILABLE FROM AVAILABLE FROM
expertise to make your store stand out from the
rent, with increases in turnover used to calculate Act 1954, which was created to provide international retailers such as Peter Alexander, crowd. We work with you on an individual basis APRIL 2025 APRIL 2025
uplifts in rent. When an occupier is operating security of tenure to occupiers. Most occupiers Smiggle and Optical Center with their to ensure that your vision is realised and your FROM £125 A MONTH* FROM £125 A MONTH*
successfully and generating higher income, the automatically have the right to renew under programme of UK entry or expansion – acting expectations are exceeded. With imagination, a
feeling for materials and pioneering trends, we
owner will therefore receive a higher rent. the Act unless, before a lease is granted, they and advising on lease acquisitions, renewals and create top-quality shopfitting. Premium & Travel
The UK market is currently moving away agree with the owner that the right to renew portfolio management. Retail is our passion.
from its traditional long-lease, fixed-rent should not apply – known as ‘contracting out’. Whether you’re a retailer entering the UK
structures and becoming much more familiar However, the legal framework that underpins market for the first time or preparing to roll www.umdasch.com
with this approach: almost all our retail clients the Act is nearly 70 years old – the world and out a series of new UK stores, getting the right
with premises in shopping centres now adopt commercial leasehold market have both changed advice can make all the difference.
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