Rent Reviews

Most leases of commercial and industrial property provide for rent reviews, usually every 5 years but on occasion this can be every 3 years. We act on behalf of Landlords or Tenants in negotiating the best possible deal on rent at review. To ensure that we achieve the best outcome for our clients we provide a comprehensive package, the key components of this are:

• Analysis of your lease to ensure formal notices are served in the correct manner and at the correct time
• Full inspection of your property and analysis of comparable market transactions
• Negotiations with the other party
• Recommendations made on whether to settle or to seek third party proceedings
• The issue of Calderbank letters when appropriate to protect & limit ongoing arbitration costs
• Production of expert witness reports for third party proceedings
• Facilitating the completion of the Rent Review Memoranda documenting revised rent.