Lease Advisory

Regular rent reviews and lease renewals

Regular rent and lease reviews and renewals are key to successful commercial property management as they not only help maximise returns but can also strengthen relationships between landlords and tenants.

At Garness Jones, lease negotiations, renewals, restructures and rent reviews are part and parcel of our day-to-day work for clients, whether those for whom we manage large portfolios of properties, or for those with just a single investment asset.

Regular, scheduled lease and rent reviews provide an opportunity for landlords to negotiate terms and agree gradual rent increases, and to introduce new clauses and other agreements which can benefit both parties.

Unique insight into current market knowledge

As we are involved in hundreds of property transactions across the Yorkshire and Humber region each year, we have a unique insight into market data and have evidence to make us best placed to advise landlords on lease renewals and rents.

We use detailed assessments of trends, analysis and benchmarking data, alongside our decades of experience, to ensure rates are competitive and in line with prevailing market conditions, ensuring investment values are maintained or enhanced.

Renewing leases on a regular basis leads to better communication and cooperation with tenants, higher levels of renewal and stability, whilst also sending out a strong message to potential investors that properties are well managed and generating the best possible return.

Why choose Garness Jones for Rent Reviews and Lease Renewals?

  • Professional chartered surveyors with decades of experience in valuing, negotiating and agreeing lease and rental terms.
  • Planned and proactive approach - keeping both landlord and tenant informed.
  • Scheduled reviews ensuring terms reflect market conditions.
  • Maximise opportunities to increase income.
  • Ensure necessary maintenance or improvements are planned for and costed.

Need advice on Rent Reviews and Lease Appraisals?

Contact Christopher Noble, Director of Professional Services to find out more about how we can help.

07525 591999 [email protected]

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