About Rent Review for a Commercial Lease
Eddisons offers a comprehensive range of services when it comes to advice on your commercial property lease, part of that advice is particularly useful when tenants are presented with a rent review by their landlord.
The review may be unexpected or written into your original lease whereby after a certain period of time the landlord has the right to review the rent charges and adjust accordingly. We work with occupiers to ensure they are fully aware of how rent reviews work so that you’re prepared and able to effectively negotiate so that you pay a fair market rent.
What is a Rent Review?
Rent reviews provide heightened flexibility for both landlords and tenants. They enable the rent payable, as per the lease, to fluctuate throughout the contract depending on a number of circumstances.
For example, a rent review could benefit a landlord whose property, and surrounding area, has experienced an uplift in market value. Likewise, a tenant could find a rent review advantageous to allow greater flexibility and manoeuvrability through short-term renting, regular break clauses and the opportunity to negotiate more favourable terms.
With a hugely experienced lease advisory team, Eddisons chartered surveyors are particularly well placed in advising on commercial rent reviews and can act on behalf of tenants in such matters. This formal representation ensures a level playing field and fair review process that provides you with strong lease terms moving forward.
If you are facing a rent review and would like advice as to the next steps, you can use the ‘get in touch’ form below and one of our team will contact you to discuss your options.
Get in touch
Request a free quote or a call back from a trusted expert.
Our industry-leading Lease Advice team support tenants approaching key milestones in their lease by advising on fair rental values, renewal terms or the approach to terminating a lease and ensuring a compliant and cost effective exit.
For over 175 years, we have placed our clients at the forefront of everything we do. Operating nationally with as team of over 30 building surveyors, we take the time to understand our clients’ objectives and deliver effective advice. Our surveyors work with the widest range of organisations delivering a comprehensive range of consultancy services.
We take time to understand our clients’ requirements and develop appropriate and cost-effective solutions. Our specialist knowledge and technical expertise combine to provide a first class service.
Where a client has complex requirements, we involve specialists from various parts of our business, ensuring that the advice given is appropriate and bespoke to the situation.