Wasabi, the sushi and bento chain, has written to landlords to request amending its rent payment agreements.

According to the Estates Gazette, the company, which has 51 UK sites, including 43 in London, has asked its landlords if it can switch to monthly rents rather than quarterly in advance as is standard, a move that helps retailers and restaurateurs with cashflow issues.

A spokesman told the EG: “Wasabi has an ambitious expansion programme planned for 2018 and 2019 and has asked landlords for a change in rent payment agreements, in line with many other UK retailers, in order to allow the company to manage its funds more efficiently.”

The company, which also operates five concessions within Marks & Spencer stores, is following a route previously taken by a group of retailers after the global financial crisis in 2008. The group led by Arcadia owner Philip Green entered talks with landlords to move to the mnonthly system in order to ease the strain on occupiers.