Pharmacy Rents - dealing with your landlord in this climate

  • By Staff Writers
The economic and financial climate has added further pressures to pharmacy rents by FRANK SIRIANNI, Management Consultant, MEDICI CAPITAL (www.medici.com.au)

Medici Capital will shortly be releasing the 2009 Pharmacy Rental Kit which includes the data for the year ended June 30, 2008.

Synopsis

Pharmacy rents are a major cost for all pharmacies. Careful negotiation and consideration of the benefits provided by a particular site must be taken into account when analysing the:

  • Total occupancy costs (inc. outgoings)
  • The terms of the lease (inc. security of tenure, exclusivity to the centre, escalation or indexation, options, and review periods/methods)
  • The resultant share of profits derived by you and your landlord

Read More at http://experts.medici.com.au/articles/view.php?id=103



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