Commercial leases nearing their end can provide the landlord or the tenant the opportunity to restructure and enhance the terms of a lease.
Dependent upon market conditions at the time of lease expiry, rental values may have either risen or fallen since they were previously agreed.
Not all leases provide protection and rights for a new lease upon market terms at expiry. We review individual leases for clients and provide appropriate advice on a case-by-case basis.
We review individual leases and provide appropriate advice on a case-by-case basis
John Vokins and Virginia Fenton are experienced qualified Chartered Surveyors and head up our lease advisory team. Each have in excess of a quarter of a century’s experience in managing and advising upon the complex technical factors that arise and need to be addressed in these types of project.
We keep the client fully updated with reasoned advice and recommendations throughout the lease negotiation process through to completion.