The transaction sees Hotel Chocolat extend its occupation of its main retail unit, together with associated storage space, reinforcing its long-term presence in one of Scotland's premier retail destinations. Nicole Cook and Amie Brown, part of MFMac's Real Estate team, advised on the transaction, working closely with the client and the landlord's team to deliver a lease structure that remains fit for purpose in a modern retail environment.
By taking a pragmatic approach throughout the negotiations, we were able to put in place arrangements that support the continued success of the store while recognising the wider commercial objectives of the shopping centre.
The regear provided an opportunity to ensure our client's occupational arrangements remain aligned with its operational requirements and long-term business objectives. We were pleased to assist Hotel Chocolat in securing an outcome that reinforces its continued presence at St James Quarter.
