When acting on behalf of a landlord or tenant, we would examine the lease and identify any terms, clauses or provisions that may affect the rental value. We would then conduct a thorough inspection of the property, take measurements and research comparable evidence for the preparation of a rental valuation.
We can negotiate the best possible new rent, either directly with the other party, or their surveyor. In a small amount of cases when an agreement cannot be reached, the matter can proceed to arbitration or 3rd party determination. If this occurs, we will be able to act on your behalf.
When acting on behalf of the landlord, we inspect the property and provide a rental valuation. We can then negotiate the best possible rent and act on the landlord’s behalf at arbitration or 3rd party determination if required.
Towards the end of a commercial lease a landlord or tenant can serve a notice to renew with a proposed renewal rent.
We also specialise in preparing rental valuations for the purpose of a new lease. We would examine the current lease in place, inspect and measure the property, then research comparable evidence for the preparation of a rental valuation.
We can negotiate the best possible renewal rent and new lease terms with the other party, or their surveyor. If an agreement cannot be reached and the matter proceeds to PACT (Professional Arbitration on Court Terms) or court, we will be able to act your behalf.
For any advice on Rent Reviews & Lease Renewals, please contact us for a free and independent consultation.