Lease Renewals l Rent Reviews l Lease Regears l Consultancy
We act on behalf of Landlords and Tenants in the field of lease renewals of commercial and industrial property.
These negotiations differ from rent reviews in that all the main terms of the lease can be reviewed, not just the rent. Unlike rent reviews, which are generally upward only, rents can go down at lease renewal as well as up and this is why the specialist advice we offer can be of such value to you.
Our services at renewal (for either party) include:
Initial lease evaluation to establish whether the tenancy is protected under the Landlord & Tenant Act
Planning and execution of statutory notices in conjunction with your legal representation
Full inspection of your property and analysis of comparable market transactions
Negotiations with the Landlord/Tenant
Recommendations as to the best course of action, i.e. settle or seek court proceedings
Expert witness reports and representation in court - if required
Liaising with your legal representation over the content and terms of the new lease.
Alan Burkitt MSc MRICS