The Arch Company to continue COVID-19 financial support
Many of our tenants’ lives and livelihoods have been severely impacted by COVID-19. Our objective since the start of this economic crisis has been to retain our diverse and independent tenant base.
The Arch Company is following the principles of the Government’s Commercial Property Code of Practice, which states that “tenants who are able to pay their rent in full should continue to do so, whilst those businesses that cannot pay in full should communicate with their landlord and pay what they can. Landlords should also provide support to businesses if they too are able to do so.”
As part of our commitment to be socially responsible long-term landlords of the estate, The Arch Company has so far provided three-month rent-free periods to 1,450 independent small business tenants severely affected, and other forms of support to many hundreds more.
Our objective since the start of this economic crisis has been to retain our diverse and independent tenant base. If your business is under threat, and you cannot afford to pay the rent, we want to hear from you. Please fill out the contact form below with a brief outline of your circumstances and we will contact you to find out more information and see if we can help.
Rent Reviews and Lease Renewals
The rent review and lease renewal processes are set out in our Tenant Handbook.
If you wish to postpone negotiations on your outstanding or upcoming rent review until July 2021, you are welcome to do so. This doesn’t change the effective date of the rent review, but it does mean you are not under pressure to agree a rent review now.