Rental value at the time of a rent review is one of the most emotive issues in the property sector.
This is particularly so in our specialist business and commercial sectors: Care, Childcare & Education, Dental Practices, GP Surgeries, Hotels, Leisure, Pharmacies, Pubs, Restaurants and Retail where the majority of rents are based on trade potential and profitability.
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What is a Rent Review?
If you occupy a leasehold property then rent is likely to be one of your major business overheads and, as most rent reviews are "upwards only", any increase will directly affect both the profitability and value of your business.
If you own investment properties, the rent you receive will be a valuable source of income, as well as directly impacting on capital value and therefore negotiating the correct revised rent promptly will be important to you.
How can we help you with Rent Reviews?
We can provide you with accurate, expert advice prior to entering into rent reviews, lease renewal negotiations or lease regears for hotels, care homes, day nurseries, dentists, pharmacies, forecourts, convenience retail, public houses, restaurants and leisure properties.
Rent reviews are negotiated throughout our offices by Chartered Surveyors who combine local knowledge with a national perspective on industry performance and have a wide experience in acting for both landlords and tenants.
We have a number of senior surveyors who regularly take appointments as Arbitrators and Independent Experts to resolve rent review disputes both through the RICS dispute resolution service and directly by the parties. In addition, a number of our senior team as act Rent Assessors under the Pubs Code.
Please e-mail us at email@example.com or call your local Christie & Co office and let us know how we can help.