Rent reviews and lease renewals
For a landlord the successful outcome of a rent review is the key to enhanced capital values and therefore to the growth of your wealth. For a tenant you need to know that you are not paying in excess of market value so that you remain competitive.
We have collectively had over 35 years of experience in dealing with rent reviews and lease renewals which enables us to provide a practical, hands on approach. We are familiar with the interpretation of leases and their effect on the rent review process. Our experts are used to negotiating with landlords, tenants and agents of all types of commercial property and have prepared successful proofs of evidence for submission to arbitrators and judges.
As part of the process of rent reviews and lease renewals we:
- Inspect and measure the property
- Read and interpret the lease and licences
- Calculate the floor areas in accordance with the RICS Code of Measurement
- Research the market for comparable evidence
- Negotiate a settlement
- If a negotiated settlement is not possible take the matter to arbitration, independent expert determination or County Court.
So if you want a practical but well informed firm of surveyors send us a copy of your lease and associated licences and let us handle your rent review or lease renewal.