Commercial Lease Advisory

We understand that your business premises represent your single biggest overhead after your people. That is why effective rent review negotiations are so important, particularly in the context of ‘upward-only rent review’ clauses.

Rent reviews give you the opportunity to have a discussion with your landlord to alter your existing lease terms. 

We will carry out rent review negotiations on your behalf, to minimise your property overheads over the term of your lease.

Should a dispute arise, our experienced advisers will contest the rent review, acting as Expert Witness on your behalf to resolve the issue.

If you want to renew your lease, we will steer you through this process, securing the most favourable renewal terms. 

We will work with you to develop and implement a lease renewal strategy to complement your business aims, balancing rental costs with other requirements such as flexibility, security and cashflow. 

We are also experienced in acting as Expert Witness on your behalf to resolve disputes, with expert advice on Professional Arbitration on Court Terms (PACT) and mediation.

Lease restructuring allows you and your landlord to redefine the terms of your relationship, from the length of the unexpired term and timing of lease breaks, to the settlement of outstanding lease events.

This is a mutual negotiation, so it is important to ensure that your interests are represented by a professional. We will work your landlord to achieve the best possible compromise, whilst protecting your business interests.

It is important to think about your lease exit strategy well in advance of your lease expiring, so you can find new premises, manage your exit, and ensure a smooth transition into your new premises at lease end. 

Drawing on expertise from across our business, we can help you to manage this process, from negotiating your dilapidations position, to sourcing and securing your new premises. 

Rent reviews are a good opportunity to maximise the return on your invested capital over the term of a lease. We will work with you to successfully implement these, using our commercial approach to negotiation, together with in-depth market knowledge and a technical understanding of lease construction and case law, to secure the best outcome. We understand that a rent review can disrupt the longer-term landlord and tenant relationship. Where tenants are alive to compromise, we will proactively identify lease restructure opportunities as part of our broader asset management initiatives. We can also act on your behalf as an Expert Witness to resolve any disputes in rent review proceedings.

An expiring commercial lease can bring both risk and opportunity for landlords and investors, which is why we provide expert advice to help maximise asset value and income security. We will develop and implement your asset management strategy in line with your investment aims and risk appetite, balancing rental income with income security. We are also experienced in acting as Expert Witness on your behalf to resolve disputes, advising on Professional Arbitration on Court Terms (PACT) and mediation.

Lease restructuring gives both you and your tenants the opportunity to redefine the terms of your relationship, from the length of the unexpired term and timing of lease breaks, to settlement of outstanding lease events. This is a mutual process and we will work with your tenant to negotiate a compromise, whilst protecting your interests and retaining occupancy.

It is important to think about your tenant’s exit well in advance of lease expiry so you can identify a new tenant if necessary. Drawing on the expertise of our agency and building consultancy teams, we can help you to manage this process, from negotiating your dilapidations position, to sourcing and securing new premises.