Lease terms may confer opportunities depending on landlord and tenant commercial requirements...
Whether you are a landlord or tenant, the commercial lease will dictate the terms under which a tenant may occupy commercial premises. The lease will confer obligations on both landlord and tenant and these cannot be unilaterally varied. However, there are lease provisions which if varied by agreement may confer mutual benefits such as:
- Rent Reviews
- Break Options
- Expiry Dates
Our experienced team can analyse your lease against the background of your commercial requirements and advise whether there is an opportunity to take advantage of a lease re-structure.
Where an occupier has a portfolio of properties, this becomes more relevant to ensure that lease terms are aligned and that operational strategy may be maximised.
Rent reviews can be highly complex and failure to adhere to leasehold requirements can have serious consequences. It is essential that professional advice is sought to ensure your interests are protected. Acting for both landlords and tenants our rent review team are highly experienced in this complex field. Unlike many others in our profession, FG Burnett's specialist sector agents also undertake rent reviews in that sector, allowing their considerable market knowledge to be transferred into the rent review field. All our rent review practitioners are either Members or Fellows of the Chartered Institute of Arbitrators and have been engaged in representing landlord and tenant interests either in negotiating settlements or representing clients at dispute resolution.