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Our lease advisory service guides commercial landlords and tenants on every aspect of their lease agreement - lease renewals, rent reviews, exits and more.
Lease Advisory Expert
Stephen Hawkins
Regional Managing Partner
Table of contents
Commercial leases cover a broad range of property types and can take several different forms. In many cases, they can also be complex, and sometimes contentious. That’s why, whether you’re a landlord or tenant, you need a lease advisory expert in your corner with the knowledge and expertise to create and add value at every lease event.
At Eddisons, we have over 100 chartered surveyors across the UK who advise commercial property owners and occupiers on all aspects of the lease cycle. Whether it’s suggesting amendments to certain sections of the lease agreement or recommending an increase in rents based on the market rate, we provide tailored lease advice to protect your interests.
Our lease advice experts act across the entire property and development lifecycle and are equally at home working in the private or public sector. Our specialists can assist in negotiating, renewing or exiting a lease and on wider considerations such as dilapidations and condition surveys. We also have the depth of experience within our lease advisory team to advise on the most complex scenarios and act on a range of arbitration and expert witness cases.
We have a comprehensive national presence and regional offices throughout the country that give us an in-depth understanding of the market on a local level. That’s complemented by our specialist knowledge in sectors such as industrial, office, education, healthcare and retail. With staff that are recognised as market leaders in their specialist field, we are uniquely placed to help you make informed lease decisions.
Our lease advisory service can help you with all aspects of lease management, including:
Lease renewals
Whether acting for the landlord or tenant, our market knowledge and expertise enable us to give our clients the best advice with lease renewals. In all instances, there are formal notices that must be served within specific timeframes, so you must plan well in advance of the event date.
Lease exit
The exercising of a break option must be done in line with the exact terms of the lease, as failing to do so could invalidate your lease exit. Where a break option is not provided, we can act on your behalf in commercial negotiations in respect of a surrender.
Lease surrender
If you cannot exercise a break clause, we can act for landlords and tenants in negotiating a lease surrender. In some cases, landlords may welcome the opportunity to take back the lease. However, it’s usually the case that the tenant must pay a premium to the landlord, in which case, our market knowledge ensures you receive the most favourable terms.
Lease assignment and subletting
If you cannot agree a surrender on commercial terms, our lease advice team can help tenants find a suitable subtenant and ensure they adhere to the existing lease provisions. As a landlord, we can work with you to carefully consider all aspects of any sublease to protect your interests.
Rent review
Our valuation and market knowledge allow us to advise on future rental values and negotiate on your behalf to secure the most advantageous terms. We can also guide you in the event of a rent review dispute.
Arbitration and expert witness
Our experts act as arbitrators in a range of complex cases to help parties resolve rent review disputes. We also have the knowledge and experience to provide objective judgements as an expert witness.
Whether you are a commercial landlord or tenant, our market-leading lease advisory team can help you make informed strategic decisions that maximise your commercial interests. Get in touch to discuss how we can help you achieve your business and property objectives.
450+ Strong Team
Our reach covers the UK with a network of over 30 UK offices.
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450+
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180 years
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