Many commercial leases will often be subject to a rent review.
When determining the new rental there can be many factors that need to be taken into consideration and the basis of the review mechanism will often be highlighted in the lease.
Most often rent reviews are based on the market level at the time of the review date stated in the lease; although certain lease terms and assumptions can have a notable effect on the rental value in accordance with the terms of the lease.
We have vast contacts in the industry, up to date access to market information and comparable data, as well as an expert knowledge of the commercial property market. We are therefore able to offer a level of service that ensures the right results for our clients.
We proudly achieve significant financial benefits for a wide variety of clients, advising both landlords and tenants, meaning both sides of the ever changing rental market are understood clearly.
For further information and advice on commercial rent reviews please contact Robert Law on 0207 043 0111.