Lease Advisory
We offer a range of landlord and tenant services with a highly experienced team specialising in all property sectors. Whether it is a rent review or more complex lease restructuring issues our team can help.
Rent Reviews
Most leases will have rent review clauses that set out how the rent review is to be agreed which is usually based on Market Rental Value. Leases have an upward and downward rent review clause, our advice will consider the lease terms and how these might affect the outcome of the rent review. We will also negotiate on your behalf with the other party’s surveyor to ensure that the rent agreed is the correct amount.
Lease Renewals
For the landlord, we will consider the terms of the lease and its impact on investment value. We will advise whether short or longer term plans include the wish for redevelopment, perhaps necessitating the need for a break clause. For the tenant, we will assess their future requirements for expansion, possible down-sizing or relocation and how this should be reflected in the lease terms.
Services Include:
- Advice on Leases for Landlord and Tenant Law.
- Specialist Advice on Rent Review Clauses.
- Negotiation of Rent Reviews by Agreement.
- Negotiation of Rent Reviews by Reference to Arbitration / Independent Expert.
- Advice on Court Lease Renewals.
- Strategic Advice on Implementation of Rent Reviews in Multi-Tenanted Buildings.
Key Contacts:
Darac O’Neill
Stephen Keeler