Case Study: Intertain
INSOLVENCIES
Intertain is a new company that acquired the assets of Regent Inns plc. The company were uncertain whether a variety of their new properties would be sustainable in the future.
One of these was a property in the North of England. Rent Reform successfully agreed a rent reduction package in excess of £250,000. This gave the new board of Intertain the momentum to continue trading at this location. The deal also gave the landlord the long term security they required at a time when few tenants were able to take this amount of space and this particular location.