If a lease is due to expire or there is a forthcoming rent review, we can help you.
If you have a property coming to the rental market, you are likely to require advice as to the appropriate Market Rent and basic lease terms. If you have an existing lease, you may need help with Rent Reviews. At the end of the lease term, you may require assistance with dilapidations in line with the tenant’s obligations to maintain your property.
If you’re a tenant, it is likely that there will be a Rent Review during the term of your lease, so you may need advice in respect of Market Rent. At the end of the lease term, you will need to ensure you have met all obligations of the lease. These typically include serving the appropriate notice and ensuring maintenance and repair of the property prior to surrender.
Landlords – we can work with you from the outset, carrying out initial rental assessments to provide a suggested level of rent, negotiating the lease with the incoming tenant as well as working on your behalf during the lease renewal process.
We can help you in the initial stages to ensure you’re paying the Market
Rent. Later, we can help you renegotiate during Rent Reviews and lease renewals to make sure you secure the best possible terms for your ongoing business needs.
We would normally advise a Landlord or Tenant to begin considering the renewal of a lease 6 to 12 months prior to its expiry date. This allows enough time to take the correct action in order to protect your position and also ensures that the appropriate Notices are served within the required timescales.
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