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Argent to grant rent freeze to King’s Cross tenants

Argent will introduce a three-month rent holiday from 25 March for its retail and leisure occupiers at King’s Cross.

All retail, leisure, and food and beverage tenants at its King’s Cross estate will be eligible for the rent-free period.

James Rayner, retail lead for King’s Cross, said: “These are unprecedented times and while many businesses can adapt to the government’s social distancing measures by asking staff to work from home, for our retailers, restaurants and cafes the effects are more profound and many have had to close their doors.

“We know that these businesses are going to feel the impact quite significantly and we want to support them through this period. We really hope that the public will continue to support them, whether that’s through their online stores or by engaging with them on social media.

“We and all the businesses at King’s Cross and Coal Drops Yard look forward to welcoming people back when we’re able to do so.”

See also: Retail landlords pushed to the edge

To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette

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