In such testing times, every nursery operator in the country will be carefully analysing their overheads and attempting to identify ways of reducing outgoings.
As property related expenditure can be a major part of a business's costs, any opportunity to reduce these liabilities is welcome.
If your property is held on a leasehold basis, the lease is likely to contain rent review provisions which often only allow for rent to be increased. However, if your lease allows for 'upwards only' reviews, you should not simply ignore any notice from the landlord to increase rent on the assumption that the rent cannot possibly be increased. In some cases the growth experienced since the rent was last reviewed may not have been nullified by the recent downturn. There may also still be some areas where there is continued rental growth.
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