Commercial rent reviews & lease renewals
Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival.
Our dedicated team of experts has dealt with thousands of cases across all sectors of the commercial property market including retail shops and restaurants, industrial, warehouse, and office units. The rental figure is only one component to consider when looking to ensure the best outcome. We have the ability to critically appraise all scenarios and advise you accordingly. Our team are continually looking at alternatives from which our clients can benefit and you can be assured our negotiating skills, diligent research and attention to detail will help you achieve the best possible result.
Occasionally, negotiations do not yield an acceptable result and arbitration, or a court referral, is unavoidable. At this stage, our team can also assist you as they are the skilled experts needed in order to present your case intelligently; backed by a level of experience that gives weight to that opinion.
For an initial conversation with our Commercial team about rent reviews or lease renewals, call us on 01206 563222 or contact:
Nicholas Percival FRICS
Thomas Noble MRICS