Advising On Rent Reviews

Advising On Rent Reviews

The majority of commercial leases include a provision allowing for rent adjustment over time. This ensures that the landlord continues to collect rent that is commensurate with the property’s genuine value.

Rent reviews are typically conducted every three to five years, and the lease will describe the dates, method, and procedure for conducting rent reviews, as well as how any disputes will be resolved.

A rent review handled improperly can have negative consequences for both landlords and tenants. Tenants risk getting locked into an inflated rent agreement, which could ultimately result in the tenant’s business failing. Similarly, landlords would want to ensure they are receiving the maximum rent possible in the circumstances.

Dealing with renewing a commercial lease can not only be stressful, but highly disruptive. Whether you are an individual, entrepreneur, company or partnership, the process of lease renewal can be complex and time consuming. This is why it is important you are able to speak to legal experts who can provide all the guidance you need to emerge from a lease negotiation with the result you are after.

The team at Blackstone is highly experienced in dealing with all forms of contract law and we always work very closely with our clients to ensure we fully understand the issues faced by them or their business. By working together, we can ensure we devise a pragmatic solution that meets your commercial objectives.

Discuss your situation with the team today by calling us on 0345 901 0445. Alternatively, allow us to get in contact with you by filling in the online enquiry form on this page.

“I would like to thank Blackstone for all their help on a litigation matter. They were swift and responsive and I would not hesitate to use them again if the need arises.”

– David   

Our Services

We have helped both Landlords and Tenants in all aspects of their commercial lease. Our services include:

Services for Landlords

Services for Tenants

For efficient commercial lease renewal, contact Blackstone solicitors on 0345 901 0445.

What are the key points to consider when negotiating a rent review?

  • Ascertain that both parties are completely aware of the rent review provisions.
  • Gather market data.
  • Examine the local real estate market’s strength.
  • Consider whether there have been any lease violations.
  • Bear in mind the effects of any stamp duty land tax (SDLT).
  • If feasible, try to agree on the rent early on in any negotiations.

We can help you today

At Blackstone, we pride ourselves on our tenacious approach to getting the results our clients are after. If you are involved in a contract dispute of any kind, get in touch and find out more about how our expert team can guide you through the process and achieve the best result possible.

We appreciate that lease renewal can be a cause of real stress and strain. However, we can help make the process as hassle free as possible thanks to our professionalism and determination to sort out your issue as quickly as we can.

Get in contact

For more information and to discover more about how we can assist you with your lease renewal, do not hesitate to get in touch. Simply give us a call on 0345 901 0445 and we can run through your situation, or if it is easier for you, fill in our online enquiry form and a member of our team will give you a call back as soon as they can.

We take on clients from throughout the UK, and regularly help those based in Manchester, London, Chester and Cheshire.

Get in Touch Today

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Our Team

The award winning team is well known for their tenacious approach to their client's cases. Our highly regarded team is passionate about your success. All team members are incredibly academic and continuously strive for more.