Rent Reviews

Rent reviews are a regular feature of commercial property life. Often contentious, review negotiations are most often affected by the length and nature of a client's lease, comparable rental evidence available for review, the negotiation skills and specific strategies employed by both parties to achieve opposed objectives.

Rent Review Procedure

  • Full review of business objectives
  • Physical inspection of subject property
  • Review of all lease documentation and licences
  • Property market research (on and off market sources)
  • Liaison with solicitors
  • Liaison with other tenants/landlords and their representatives
  • Making recommendations and giving budgetary advice prior to negotiations
  • Negotiation based on agreed parameters
  • Reporting throughout on progress and any changes to strategy
  • Arbitration proceedings