Through the provision of expert knowledge and negotiation advice we are able to secure the best possible outcome by minimising (if you are a tenant) or maximising (if you are a landlord) the rent secured upon review of a lease.
- A typical rent review will involve the following services:
- Inspection of the premises
- Issue of notices / counter notices
- Researching market evidence
- Considering the lease documentation and correct basis of valuation
- Reporting with valuation advice
- Negotiation with the opposing party or their advisor
- Attendance at meetings
- Negotiation of a satisfactory settlement
- Provision of a full valuation report suitable for Board presentation in support of our recommendations
- Ensuring exchange of an appropriate review memorandum, and liaising with the client's lawyers
- Advice in respect of potential 3rd party referrals where a negotiated outcome appears unlikely
|
Rent Reviews/Lease Renewals