Richard Lionel - Rent Review and Lease Renewal Specialist

Richard Lionel - Rent Review and Lease Renewal Specialist London's Leading Rent Review and Lease Renewal Specialists

Maximise Your Investment With Our Help!If you are a Commercial Landlord of either a shop, office or industrial/warehouse...
30/05/2018

Maximise Your Investment With Our Help!
If you are a Commercial Landlord of either a shop, office or industrial/warehouse property and wish to ensure that your investment performs to its maximum potential, talking to Richard Lionel & Partners is your first step.
Leases relating to commercial property can be complex documents which need analysing and understanding when negotiating a Rent Review or Lease Renewal.
Landlords need to be safe in the knowledge that Tenants are paying the fair open market rental value and Richard Lionel and Partners have for the past fifty years ensured this to be the case.

As an example, an additional £20,000 p.a. rental income may equate to an additional £400,000 on the capital value of a property and considerably more on larger buildings hence the importance of a niche company such as Richard Lionel and Partners handling the Rent Review or Lease Renewal on your behalf.
Our specialist Landlords Rent Review division has since 1966 been negotiating and increasing client’s investment values by many millions of pounds by offering highly cost effective advice and expert representation.

Acting for landlord – case study 2Office Rent Review in Central London – £65,000.00 pa passing rent. After rent review n...
30/05/2018

Acting for landlord – case study 2
Office Rent Review in Central London – £65,000.00 pa passing rent. After rent review negotiations, revised rent of £110,000.00. This equates to an additional £45,000 pa and £225,000.00 in rent over the next five year period for the Landlord.

Acting for landlord – case study 1Retail Unit in Central London – £30,000.00 pa passing rent. After rent review negotiat...
30/05/2018

Acting for landlord – case study 1
Retail Unit in Central London – £30,000.00 pa passing rent. After rent review negotiations, agreed rent of £61,200.00 pa. This equates to an additional £31,200.00 pa and £156,000.00 in rent over the next five years for the Landlord.

Rent review – Useful informationUnderstanding the procedures of a rent review can be complex however there are various h...
30/05/2018

Rent review – Useful information
Understanding the procedures of a rent review can be complex however there are various hints and tips which may assist if negotiating with either a Landlord or Tenant without representation.
Below are ten useful and important points to consider when commencing the rent review process which may affect rental value.
Most rent reviews are upward only but not all
Check whether the rent review is based upon Open Market Rental value or RPI
Tenants continue to pay the passing rent until the revised rent has formally been agreed
Ensure time is ‘Not of the essence’ and time limits are adhered to strictly
Check the various ‘user’ clauses within the lease
Allow yourself time to negotiate
Be aware of the market and recent comparable evidence before undertaking any negotiation
Check Alienation provisions within the lease
Ensure any offers made by either a Landlord or Tenant are on a ‘Without Prejudice’ basis
Be aware of the Third Party procedures which will be set out in the lease
Ensure any agreement is documented by way of Rent Review Memoranda

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