Rent is one of the largest costs for most businesses and rent reviews and lease renewals are among the most complex aspects of commercial property providing the opportunity to either control costs or protect income and capital value.
For both landlords and tenants there are many pitfalls which may prove to be not only costly but long lasting if expert professional advice is not taken.
For both rent reviews and lease renewals achieving the best result, whether it be minimising costs for a tenant or maximising returns for a landlord, depends upon detailed knowledge of the market, knowledge of current legislation and expertise in applying that knowledge.
We are a dynamic practice involved at the 'sharp end' of the commercial property market with a detailed knowledge of current rental values and market trends.
Our professional department provides expertise to both landlords and tenants ranging from individual businesses to major corporations. Our service includes detailed research of comparables, consideration of the lease terms and the provision of clear and concise valuation and negotiation advice tailored to individual clients’ requirements.
We apply our expertise to negotiate the most beneficial settlement possible including, if appropriate, by reference to a full range of dispute resolution services including Arbitration Submissions, Independent Expert referrals, Court Submissions and PACT.
Property is a resource the value of which is vital to business success as well as to individual prosperity. We recognise the importance of property assets and this is reflected in the quality of the valuation advice which our clients receive.
Our valuation team has many years of property experience as well as technical expertise and is supported by a vast computerised database with details of thousands of open market transactions.
Our valuation advice is provided in a consistently quick, fully considered and accurate manner and if required we can react quickly to provide the shortest turnaround time possible.
We provide valuation advice for many purposes including the following:-
• Company Asset Purposes
• Property Acquisition/Disposal
• House Purchase