Every commercial landlord wishes to keep their properties let at the maximum market rent. Every commercial tenant would like to pay as little as possible. Most modern leases will provide for regular rent reviews during the term. We can assist in maximising or minimising your rent in accordance with the terms of your lease.
Some questions raised by Landlords:
I would like to exercise a rent review – do I have the right to do so, and when can I do this?
How do I know what rent I can reasonably charge my tenant?
What is the procedure by which I can increase the rent demanded?
Does the tenant have a right to challenge the rent increase? What happens then?
Some questions raised by Tenants:
Can my landlord increase my rent at any time? Do they have to give me notice?
Can I challenge the rent increase which my landlord is seeking? How?
