RES Property Surveyors have extensive experience in a number of commercial lease advisory situations. Our team is well-equipped to support investors and occupiers alike through rent review negotiations, lease restructuring and lease due diligence processes, among others.
We are fully RICS accredited, meaning our advice is consistently impartial, accurate and informed, guiding you through what can sometimes be a complex and extensive process.
Rent Valuation Advice
If you are an investor or tenant of commercial property, rent valuation will be an essential part of any lease renegotiation, regearing or restructure. We at RES are able to provide advice on the commercial lease renewal process, as well as conduct a number of surveys to impartially represent the condition of a commercial property and protect the interests of the owner and the occupier.
Whatever your case, RES can provide lease advisory services in London and the South East that are comprehensive, qualified and accurate.
Rent Review Negotiation
Whether you need advice and support throughout the negotiation period, independent expert reports prepared or impartial expert witness representation, our team has an in-depth knowledge of property both locally in London and nationally. Our Directors are RICS qualified and have experience working on commercial rent reviews to provide impartial, accurate advice and reports.
Rent reviews provide investors with an opportunity to take advantage of an increase in relative value on a lease and tenants with opportunities for negotiation throughout the terms of a lease to achieve more advantageous terms. Though rent reviews regularly incur disputes, seeking the advice, assessment or representation of a qualified surveyor will ensure the process is fair and robust in the face of complex negotiations.
Lease restructuring offers opportunities to save for investors, particularly across property portfolios and provide benefits to tenants whose payments may not be aligned with current market rates. The lease restructuring or re-gearing process can involve complicated negotiations so RES understand the need for compromise and gain on both sides to maximise value.
As seasoned valuers, RES Property Surveyors fully understand the legislation, interpretation of comparable evidence, factors affecting value relating to the physical property and impact of lease terms. This helps preserve the property as an asset while extracting the maximum value of tenants to mediate during the negotiations. RES commercial lease advisory services provide impartial and effective guidance and evaluations for both landlords and tenants.
Dilapidation Settlement Negotiation
Another complex element to negotiating rent is potential dilapidations claims as a result of a tenant’s failure to maintain repairing obligations. RES Property Surveyors have extensive knowledge of the dilapidations assessment and settlement process and are able to provide up-to-date, market-driven guidance for both tenants and investors during these negotiations.
Our team is also able to provide expert witness representation should negotiations proceed to the courts. Whether you are an investor looking for expert opinion on the condition of your property and where the liability lies or an occupier in need of impartial representation, contact RES property surveyors for more advice.
Why RES Property Surveyors?
RES have an in-depth understanding of the commercial property market in London and the South East, with many of the team having developed their experience at leading national and international property firms. If you are a landlord or a tenant of a commercial property, contact us today to discuss your circumstances and what we can do to help.
Get in Touch
Find out how commercial lease advice from RES Property Surveyors can help you by contacting us today.