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.
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.
Commercial lease advisory
We can provide commercial lease advisory services for landlords and tenants. With over 100 chartered surveyors across the UK, our team are experienced in advising property owners and occupiers on all apects of the lease cycle. Contact our team today to find out how we can assist.
Our rent review services
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 with the Eddisons team
Please contact us for more details and information
