Rent reviews and Lease renewals often prove to be a more complicated process than needs be.
We provide specialist, cost effective advice to both Landlords and Tenants conducting negotiations or facing a rent review / lease renewal forall types of commercial property including retail, office, D1 and industrial premises.
The rent review clause in the Lease sets out when each review will take place, the method of review, assumptions and disregards to be made when valuing the premises, the procedure to be followed, and provisions for dealing with disputes if they arise.
Poorly conducted rent reviews can lead to financial loss, stalemate in agreeing new rents, and even termination of the lease.
Austin Baker has a proven track record in successfully negotiating rent reviews on behalf of Landlords or tenants. In the event that third party determination is required, Austin Baker can advise and prepare Expert Reports for third party Independent Experts or Arbitration Submissions for the appointed Arbitrator in commercial rent review matters.
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