Twattor
Well-Known Member
not really because the antic/gregarious premises still appears to be a special case and does prove that the arches can be done up individually because even with a different lease it's unlikely that even a company/collective with deep pockets would think it was value for money to open up if they were going to be thrown out in a few months
That depends. If they entered into a very short term lease on the basis that NR knew they were going to need the arch vacant at some stage but wanted some income in the meantime, then they might have been able to negotiate a rent free period and contribution towards fit-out costs. If that were the case it would make their books a lot easier to balance, and it may be an advantageous tactic particularly if they then got first refusal on the arch post NR works.
If NR are really disorganised, then Antic may have ended up with a longer lease that makes it difficult for NR to get them out of without paying them a chunk of money, which would soften the blow of eviction.
If NR are really organised, then they may have surveyed, specfied and monitored the internal works so that there is no need to strip out the interior when they undertake the main remedial works. Depending on the scope of the external works Antic might even be able to trade through.
Any number of possibilities, but all conjecture really as we don't know the facts and all this will be commercially sensitive so no-one's likely to tell us.