I can't comment on that specific structure, but pop-up shops are one method that in the UK councils will often help vacant buildings with for exactly this reason, with the upside that they may convert into permanent tenants.

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GJim an hour ago | parent | next [-]

Yup....

And the downside is loads of reasonably successful decent small shops in the UK now have to close after 12-24 months when the rents get jacked-up from sensible to astronomical levels. None of them become permeant tenants unless they are a front for money laundering (hence the explosion of nail bars and barbers on the UK high street) or illegal goods (dodgy vape shops).

https://www.bbc.co.uk/news/articles/cqj1rkqqrgro

Your local press (if yours still exists) will also be full of such stories.

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Schiendelman an hour ago | parent [-]

Anything over 30 days is likely not to be a pop-up shop. There's no way to give a tenant 12+ months without triggering the foreclosure clauses, AFAIK.

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GJim an hour ago | parent [-]

The UK is different old boy.

	▲	Schiendelman 37 minutes ago \| parent [-]
		Of course it is! But I don't think it's different in this way. Did you have a specific data point about a 12-24 month rental getting kicked out in order to prevent foreclosure?

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Schiendelman 34 minutes ago | parent | prev [-]

Isn't that through council subsidy rather than avoiding a foreclosure-trigger tenant agreement?