Rent Reviews & Lease Renewals – Knowledge and Experience

With our extensive knowledge and experience of Landlord & Tenant matters and our comprehensive approach to commercial property, Robertsons can act independently for either Landlords or Tenants.

Where acting for Landlords, Robertsons provide a planned management structure for individual owners or property estate companies for day to day management, rent reviews, lease renewals and service charges, where applicable. This service seeks to secure and retain tenants and maximise rental income in the light of market conditions, lease terms and physical benefits and characteristics of the property.

Alternatively we can act for Tenants who will have a different perspective to the Landlord. Where a tenant is taking a lease of new premises, our brief would be to secure new lease terms which reflect the tenant’s status and prevailing market, seeking incentives such as rent free periods, stepped rents or assistance with fitout works. Robertsons can advise on the length of the lease, assignment, permitted user, tenant breaks, market rent, repairing obligations, tenant’s improvements and alterations. For existing tenants, Robertsons are experienced in dealing with issues which arise under the terms of a lease, mitigating the tenant’s obligations, including rent at reviews, lease renewals, dilapidations and service charges. In the prevailing economic climate, advices are also available for approaching Landlords to renegotiate and re-gear the tenant’s existing lease terms.

 

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