the Business Forum and
the Economic Partnership
in Brighton & Hove
Homepage    BCRP Intranet    Funding    Events    Knowledgebase    Links    About us     Contact us
Key projects
Crime
reduction
 


Inward
investment
information
 


Licensee
Forum
 

Workforce development 

Transport
 

Business &
climate
change

Property &
Development sites

Business
Improvement
Districts

Housing
 

Strategy
 

Consultation opportunities
 

Brighton & Hove Business Forum
8-11 Pavilion Buildings, Brighton, BN1 1EE
Tel: 01273 735442
Email: info@brighton
business.co.uk

© Brighton & Hove
Business Forum

News - 11 November 2004
John Clare of Dixons - not happy!

Dixons boss blasts landlords

John Clare – CEO of Dixons – stunned landlords and property developers at the BCSC Conference in Manchester when he told them to “play fair or risk failure” over rents and lease terms

Clare did not mince his words when he said that landlords must meet the obligations of the voluntary code of practice agreed by the industry in 2002 to stave off government legislation. He not only suggested that the government would revisit legislation that was likely to be far more onerous than the voluntary code but he also warned that retailers would withdraw from rented property in the high street.

The voluntary code contains a raft of agreements covering 23 aspects of leases but the two major planks are the removal of “upward only” rent reviews and introducing flexibility by cutting the length of the lease (see earlier stories in Knowledgbase). Clare was scathing about the industry’s attitude to the code saying that, two years after its introduction 90% of new leases ignored its provisions.

In his view this led to town centre retailing becoming unaffordable to increasing numbers of companies which results in high streets losing their vitality and diversity and being dominated by mobile phone shops and coffee houses. He confirmed that Dixons, having recently closed over 100 stores, was likely to stay away from prime high street locations.

None of the landlords at the conference challenged his view in the subsequent Q&A session but Martin Moore from PruPim disputed some of Clare’s claims in his own presentation to the conference insisting that 75% of leases taken by SMEs are for terms of five years or less and, as such, are not subject to rent reviews. At the end of a lease the tenant has the option to walk away (assuming that they have fulfilled all their obligations) or negotiate new terms.

There has always been an “us and them” attitude between landlords and tenants and it seems that when big players like Dixons publicly join the fray the friction is likely to continue while the government decides whether legislation is needed to give the code of practice more teeth.


Read related items on:
Property
Retail, pubs, clubs and restaurants
Legislation
Dixons
Clare, John
Moore, Martin


Browse our business Knowledgebase or search by keyword


Headlines

23 May 2018
Gingerman Restaurant Group to Open Restaurant at Hanningtons Estate Brighton
16 May 2018
Can you help us help rough sleepers? Search for a venue to provide shelter 15 May 2018
New Research Reveals Cost of Opening A Business in Brighton: £6,000 11 May 2018
Tech firm SaleCycle to open new office in Brighton, creating 30+ new jobs 4 May 2018
Get involved - National Numeracy Day This 16 May 1 May 2018
BUSINESS IMPROVEMENT DISTRICT INDUSTRY CELEBRATES 300 BIDS 1 May 2018
Barclays' High Growth & Entrepreneurs Awards 2018 launch to celebrate start-up leaders in the UK 30 April 2018
Barclays launches major drive to help SMEs tackle Cymbercrime 24 April 2018
An evening with Chris Fox, Lib Dem Peer 24 April 2018
"A triumph of innovation" 13 April 2018
Brighton city Centre Vacancy Rates continue to buck national trend 12 April 2018
The Ivy in the Lanes Set to open 2 May 2018 11 April 2018
Free Dr Bike Service Returns 20 March 2018
Brighton named most entrepreneurial city AND second best for student happiness according to Fresh Student Living 19 March 2018
A Meeting with Chris Fox, Lib Dem Peer - Why Business Matters 14 March 2018
Better Business for All Event with BEIS 7 March 2018
Brighton celebrates women in tech as Spring Forward festival returns for a fourth year 6 March 2018
Six months of success for BTN BikeShare 2 March 2018
Sustainability in Action masterclasses for Sussex businesses 2 March 2018
Doing Business in China comes to Brighton 1 March 2018
Brighton & Hove Chamber of Commerce presents: Protecting your brand- a guide for fast growth businesses 1 March 2018
Long haul passengers boost local economy and jobs, according to new Gatwick report on the 'Visitor Economy' 28 February 2018
Save time reporting crime 27 February 2018
Warren Morgan Resigns from Brighton & Hove City Council 23 February 2018
Brighton Technology Company, Paxton Ranks in Sunday Times 100 Best Companies to Work For 23 February 2018
Greater Brighton's Commercial Property Database 22 February 2018
SE-ASSIST - Launch of Loan Capital in Greater Brighton 19 February 2018
House Price update Q4 2017 19 February 2018
What would you do in a crisis? 19 February 2018
The investment journey for high growth entrepreneurs 9 February 2018
Make Change Count 2018 - helping rough sleepers in Brighton & Hove 8 February 2018
Brighton Technology Company Paxton Announces Recipients of New Scholarship Programmein Association with the University of Brighton 8 February 2018
Cyber London Accelerator Invites Summer 2018 Entries 8 February 2018
Innovate UK Launches Strand 2 Emerging and Enabling Technologies Sector Competition 8 February 2018
Success In Sussex As Food And Drink Heroes Crowned Winners 8 February 2018
UK Games Fund - Fourth Round Open to Applications 8 February 2018
Innovate UK & Prince's Trust Launch Young Innovators' Programme 6 February 2018
Brighton & Hove Food Partnership launches 'Kit Out The Kitchen' crowdfunding campaign 2 February 2018
Brighton & Hove Council and Crest Nicholson win £15m government funding to kickstart King Alfred project 1 February 2018
Could a Utilise Plus Programme grant help you?