Commercial Property Lease Consultancy
Smethurst Commercial Property Consultants offer a comprehensive range of services to investors and occupiers. Through our own expertise and our significant network of contacts our primary focus is principally on rent reviews, lease renewals and lease restructures of leasehold properties working across the office and industrial sectors in the South West.
The primary Lease Consultancy services are as follows:-
- Lease Restructures – In the current economic climate lease restructuring can be a great initiative for unlocking value for clients. The “Lease Event” (rent review, lease renewal or break clause) is the one time when Landlords and Tenants talk to one another and mutual benefits to the relationship can be negotiated, examples include insertion or deletion of a break clause, extending the term or opening up a restrictive user clause to gain a higher rent. Tenants, in some instances can receive incentives in the form of rent frees or cash sums where the Landlords investment value is enhanced.
- Rent Review – In rent review negotiations we utilise our agency contacts and market knowledge to give us comprehensive knowledge of local and national markets.