Rent Reviews

Our RICS regulated Chartered Surveyors determine the value of a site or building in the current market place, in accordance with the RICS Red Book Standards, at the point of lease break or expiry, to aid negotiation between landlord and tenant.

We assess ALL kinds of commercial property, to provide our considered opinion of its value.

Rent reviews allow the rent on a commercial property to be adjusted in line with the current market value over the course of the tenancy. Rent reviews typically occur every three to five years in a commercial lease but the rent review clause in the lease terms will set out when each review will take place.

The basis on which the rent will be determined will be specified in the lease agreement and is usually the open market rental value of the premises at the date of the rent review. Some leases will link the new rent to the increase in the retail price index instead.

We will provide a detailed, evidence-based report that provides our opinion of the value of the property in question.