Rent Review or Lease Renewal due?
GET SOME PROFESSIONAL ADVICE
MY SERVICES
Based in Carlisle, Cumbria, I have vast experience in dealing exclusively with landlord and tenant matters, and I offer expert advice on retail, office and industrial properties across England and Wales.
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Whether landlord or tenant, if you are facing a rent review or lease renewal it pays to take professional advice.
RENT REVIEWS
Many leases will provide for the rent to be reviewed at certain stages of the lease; usually every 3 or 5 years. As both a landlord or a tenant it is important to realise that rent reviews are in most cases based on the market. It is therefore vital to be aware of prevailing market conditions when negotiating a rent review.
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If the matter cannot be agreed between the parties and is referred to a third party for determination, I can act as Expert Witness, producing reports for the Arbitrator or Independent Expert's consideration
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LEASE RENEWALS
Lease renewals allow the rent to decrease and are an important benchmark against the prevailing market. I can help guide you through the process of renewing your lease; including identifying if it is within the security of tenure provisions of the 1954 Landlord and Tenant Act, liaising with you and your legal adviser where necessary. As part of the process I will consider the effects of lease length, break options and rent free periods on rent.
LEASE RESTRUCTURE
Changes in circumstances or market often make it advantageous to alter the terms of an existing lease. For example increasing the length of the lease or removing a break option. The benefits to the tenant can include either a reduced rent or a rent free period. The landlord can benefit from an increased investment value and/or longer certainty of income.
ABOUT ME
A member of the Royal Institution of Chartered Surveyors since 2003, I have worked for two top 5 international real estate consultancies in London and Bristol, and established my own business in 2014. I have experience dealing with retail, office and industrial properties throughout England and Wales and I currently act for a major UK charity on their portfolio of shops.
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I act for both landlords and tenants, advising on lease matters including; rent reviews, lease renewals and lease restructures, and as an Expert Witness.
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I am a Commercial Property Award winner, former Branch Chair of the Association of Women in Property and have featured in the Property Week Top 100.
CLIENT TESTIMONIALS
CONTACT ME
Northway, Park Road, Scotby, Carlisle, Cumbria, CA4 8AT
07514505917
