Our Services - Rent Reviews< Back
The right rent, which should be paid for a commercial property, is based on the interaction between the detailed specification of the property, its location and comparable premises in that market and, perhaps most importantly, its lease terms.
The Rent Review Team specialise in analyzing specification, have knowledge of each and every location and it’s comparables, and perhaps most importantly, Case Law which can be so valuable in proving whether a lease is advantageous or disadvantageous to the hypothetical Tenant, thus affecting the rent eventually paid.
The Team handles literally hundreds of negotiations in every sector of the market during the year, and the more we handle, the better the service we can provide. The fact that we have no fear of pushing the Arbitration button enables us to achieve exceptional results for our Clients, whether they be Landlord or Tenant.
The rent review or lease renewal is the one time when Landlords and Tenants are bound to talk to one another and mutually advantageous changes to the relationship can be negotiated, examples are:-
- Insertion of a break clause
- Deletion of a break clause
- Opening up a restrictive user clause to gain a higher rent
- Extending the term
Tenants are of course rewarded for co-operation where the Landlords investment value is so enhanced.
At The Lorenz Consultancy we understand the value of change. We can advise either party to their best benefit on renegotiating lease terms which may have been established many years ago and do not suit the parties today.
Rent Reviews Lease Renewals Rating Dilapidations
Property Litigation Corporate Recovery
