Rent review
Rent reviews allow the rent on a commercial property to be adjusted in line with the current market value over the course of the tenancy. Rent reviews typically occur every five years in commercial leases but the assumptions and matters to be disregarded in the settlement process vary greatly from lease to lease.
We provide professional advice on all rent review matters including the implications of your the lease's specific terms. This includes a detailed evidence-based report that provides our opinion of the value of the property in question.
We would conduct the subsequent negotiations on your behalf to ensure that the settlement figure is as low as possible.