Most long term commercial leases include clauses which allow landlords to seek to increase the rent payable. With careful negotiation at these times, occupational costs can be minimised.
The outcome of a rent review can be strongly influenced by an experienced professional adviser and our experienced, proactive approach will ensure that any increases are limited.
While rent reviews are usually linked to market values, the actual drafting of your lease can influence how the new rent is calculated and may contain provisions that offer room for manoeuvre when entering rent review negotiations.
Many landlords employ specialist agents who typically propose figures well in excess of the rent which should be payable. Our initial appraisal can help you decide whether taking professional advice would prove cost effective.
With rent increases agreed on review often be payable for many years, let us help you limit these costs.
For further information, please contact Simon Harper.