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Lease Advisory
- Rent review
- Lease expiry/renewal
- Lease re-gearing
- Break Options
- Reports for arbitration and independent expert rent review determination
- Expert Witness written report and oral evidence
It is important to get the correct specialist advice on the terms of the lease and how these might affect the rental. Several key lease clauses and physical features of a property can dramatically affect how the rent is assessed, and negotiations on rent review and lease renewal can be fundamental to the viability of a business and should not be left to chance.
At Baxter Philips our detailed knowledge of the market, appropriate property law and extensive database of comparable property transactions, enables us to give clear and effective advice. We record each transaction we are involved with in our database, and this, along with information obtained through a network of long established contacts and via subscription databases, enables us to provide an unrivalled and professional advisory service.
We act for both landlords and tenants on rent review and lease expiry/renewal cases and we believe this gives us the perspective required to provide pragmatic and sensible solutions to dispute resolution. At lease expiry/renewal we liaise closely with the clients solicitors and other professional advisers to ensure that at all times our clients’ interests are paramount.
In a changing market, lease re-gearing and break option management have become common features. We are able to identify the opportunities available and suggest appropriate solutions to enhance the value of the property, whether to the tenant or the landlord.
We are able to provide written reports for arbitration or independent expert determination of disputed rent reviews and written reports or oral evidence as Expert Valuation Witness in Court proceedings.
Contact: Jonathan Webber FRICS IRRV
