Needham Haddrell - Energy consultancy, commercial property & telecommunications services in the South West & Wales
Rent Reviews & Lease Renewals
Most commercial leases provide that periodically the passing rental should be considered and if appropriate, re-negotiated between the landlord and tenant. Likewise, lease expiry provides another opportunity for consideration of rental value and may also provide scope for lease terms to be revised and updated.
Needham Haddrell has an understanding of lease terms and their effect on value and are familiar with current legislation.
We are aware that maximising returns and reducing liability is important and we believe in liaison with our clients in order to better understand their individual occupational and investment requirements. We take a proactive approach to negotiations and work hard to achieve the best possible outcome at rent review and lease renewal.
"Whether a client is a multi-national firm or a smaller enterprise the rent review process is the same and as most agreed rents will last for at least three to five years it is vital for landlords and tenants to feel they’ve had the best advice." Victoria Needham