RENT REVIEWS AND LEASE RENEWALS

As often the largest investment or expenditure of owners and occupiers, it is vital to seek independent and impartial advice when undertaking any form of exchange or review.

RENT REVIEWS

Typically undertaken every three to five years a rent review will allow for the periodical adjustment of rents to the current market value. With varying leases, it is important to ascertain professional advice regarding the method of review, assumptions and disregards to be made, negotiating an appropriate rent and managing any disputes that may arise. If poorly conducted a rent review can result in financial loss, prolonged disputes and on occasion the termination of the lease. With experience of dealing with both landlords and tenants Hootons has the expertise to achieve the best possible terms for our clients.

LEASE RENEWALS

With ever changing market and economic conditions, evolving accounting practices and progressive case law and statute, lease renewals have become increasingly complicated but remain just as important. Having the ability to provide impartial advice to both owners and occupiers of commercial property, Hootons is able to work with you to achieve appropriate lease terms that suit your particular needs. Our team actively seeks to retain and maximise value through financial appraisals of lease options and negotiate on your behalf.

PROFESSIONAL SERVICES

MAKE SURE YOU ARE PAYING THE RIGHT AMOUNT

  • Market research and analysis
  • Negotiation advice