Fast-growing logistics firm, Glorious Logistix, is on track to accelerate growth in 2025 after saving significant costs with its rent renewal process, thanks to commercial property experts The Lease Negotiator
Headquartered in Harlow, Essex, Glorious Logistix is a leading beauty industry logistics specialist, which operates across the UK, EU and Worldwide.
Having originally established its head office 5 years ago, Glorious Logistix were facing a challenging lease negotiation that would force the business to either pay an 80% increase in annual rent or source an alternative premises during its busiest time of year – all while manging rising business costs.
Extremely concerned about the impact this would have on the business, Glorious Logistix appointed commercial property experts, The Lease Negotiator, to liaise with its landlord and manage lease negotiations on its behalf.
Launched by experienced commercial property agent, Jonathan Hand, in 2020, The Lease Negotiator is one of few commercial property companies that acts on behalf of the tenants and business owners and not the landlord.
Committed to helping business leaders make better decisions when it comes to commercial property, it boasts a proven track record in helping businesses find the right commercial property, while assisting in lease negotiation to gain more favourable terms.
In supporting Glorious Logistix, not only was Jonathan able to secure a more tenant friendly lease, but also agreed a £75,000 saving for the business. As such, Glorious Logistix have saved the cost of moving premises and are now on track to accelerate growth during 2025 and beyond.
Jonathan Hand confirmed: “Over the last 5 years, the commercial property market has moved significantly, which meant Glorious Logistix were facing the challenge of either paying a vast increase in rent or in sourcing a new premises. By supporting them in this process, we quickly identified that there weren’t any other suitable premises in the local area so worked hard to negotiate new terms with their landlord. I am delighted with the end result and am pleased Glorious Logistix can now grow and evolve as a business with more favourable lease terms.”
Philip Moores, Director of Glorious Logistix, added: “It became clear early on in our lease renewal negotiations that we needed expert help. Jonathan was definitely that expert. He’s a pleasure to work with, never making us feel like we’d asked a stupid question and always taking time to explain things. He did a great job for us, and we’d recommend him very highly.”
If like Philip, you are going through the lease renewal process on your commercial property and are looking for someone to fight your corner, then please reach out to me here at The Lease Negotiator. With decades of experience in negotiating commercial contracts on behalf of tenants, we have a proven track record of saving tenants money with more favourable terms.
