Quote:
Originally Posted by marantho
Has anyone heard that de-Lites may be closing down...bad economic times and cold weather has slowed business and now, the Villages is raising the rent!!! Great timing!!!
I hope this is just a viscious rumor...but just in case, everybody should go over and have a nice ice cream...love this place, don't want to see it go!!!
marantho
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Rent does not get randomly raised on commercial properties. Commercial leases are normally 5 years in duration and all cost components are defined in the lease at the time of execution. If rent goes up year after year, that would have been a pre-negotiated term in the lease.