Rent Reviews and Lease Renewals03
Getting The Best Possible Deal
Rental rates, particularly in London, are notoriously unstable, with landlords and commercial property owners instructing rental uplifts which many tenants have little choice but to accept. Any long-term commercial property lease in the UK is subject to a review of the rent at the 5th anniversary of the beginning of the lease. Our advisors are skilled and experienced in negotiating on your behalf to keep your rent as low as possible, with expert knowledge of the marketplace and a highly successful track record.
If your workplace lease is approaching its renewal date, this is a good opportunity for you to get a better deal from your landlord. Using our unrivalled knowledge of the best achievable lease terms, we’ll do what we excel at, and negotiate for the very best deal for you and your business.
Our Rent Review and Lease Renewal service includes negotiating on your behalf on the following points:
- Rent free period
- Service charge liabilities
- Incentives / capital contributions
- Lease length
- Rental Deposit
- Break options
- Rates and rights to appeal
- FRI / IRI Lease
- Rent reviews and conditions
- Security of tenure
- Alienation clauses – rights to sublet and assign
- Landlord capital contributions
- Schedule of condition
- Repairs, reinstatement and dilapidations
This can be a complicated issue to manage without the assistance and advice of a professional team. As a tenant, we’ll be working on your behalf and with your best interests in mind at all times, while ensuring your understand the process. Our jargon-free approach to client services means we won’t blind you with science, but we’ll make sure you know about your rights and responsibilities with any lease or agreement you undertake. Whether it’s a new agreement or renegotiating your existing terms, our team will help you get the best deal with the least stress – contact us today.