After extended negotiations, we are pleased to have secured a new 15-year lease at this property on Whiteladies Road, Bristol.
Acting on behalf of the landlord, we were able to achieve a rental uplift and maintain favourable terms, protecting their best interests.
Lease renewals by their nature, whether inside or outside the 1954 Act, can be both complex and time consuming. Surveyors often need to manage competing interest between Landlords and Tenants, market conditions and the renegotiation of lease terms.
Presenting both opportunities and challenges, lease renewals often allow landlords to regear their investments at higher rents, while tenants have the chance to provide greater security for their business and renegotiate unfavourable terms.
To ensure your interests are protected, it is important to seek the professional assistance of a lease consultant.
Contact our team to see where we can help;
Email us on commercial@hootons.co.uk or call 01179339915