Rent Reviews
As with most other aspects of commercial property ownership and occupation rent reviews and lease renewals are subject to constantly changing laws and statutes. Your lease will set out the basis of the rent review process and this will then need to be interpreted in line with current legislation and case law. A detailed knowledge of the market is required to ensure that the best result is achieved whether it be minimising costs for the tenant or maximising returns for the landlord.
Our service includes detailed research of comparable rental transactions, consideration of the lease terms and their impact on rental value and the provision of a comprehensive report to the client with our rental valuation and recommendations.
We will use our expertise to negotiate the most beneficial settlement possible and if agreement by negotiation cannot reached we can prepare and present an expert witness case for arbitrators or independent experts.