Providing support through challenging times in the sector
The team at Leonard Curtis has a great depth of expertise in advising clients in the retail sector. Whether assisting with negotiations to restructure and rescue the business, utilising a CVA to address unsustainable store portfolios or seeking a going concern sale via a pre-packaged Administration, our team will be able to provide clear and uncluttered advice supported by decades of experience.
The sector has faced a range of challenges such as:
- Significant premises costs and unsustainable upward only rent reviews
- Legacy issues resulting from trading disruption during the COVID-19 pandemic, including significant debt facilities taken out to support operations in the short term
- Poor footfall figures that persist in key locations following the COVID-19 pandemic
- Rising staff, utility and product costs due to the current wider economic climate and Brexit
- Supply and logistics issues
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LCBSG Limited Registered in England No. 09209265 Registered office: Riverside House, Irwell Street, Manchester M3 5EN
Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.
Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.