Commercial Property Lease Advice Romans Commercial can help you with all aspects of leases for both landlords and tenants, providing detailed and strategic advice. We advise on the most commercially effective approach to match each individual client’s strategic needs and then look after all negotiations to achieve the best outcome, covering property lease renegotiations, lease renewals and rent reviews. Lease negotiationsNegotiating new commercial terms to reflect changes in the market and the law can sometimes cause resistance between tenants and landlords. This usually happens if your previous lease had been running for a long time. Three common areas of dispute in commercial lease negotiations are:RentRepair and decoration liabilitiesThe ability to sublet and assignOur lease advisory team can provide both landlords and tenants with expert advice to ensure your new commercial terms fit within the current marketplace. Lease Renewals Romans’ Chartered Surveyors have experience of representing landlords and tenants through the lease renewal process. The Landlord and Tenant Act 1954 governs lease renewals and gives tenants the right to a new lease on similar terms to the existing lease but with an updated rent. Lease renewals can be very complex so we provide expert advice to help you maximise the opportunities presented by a lease expiry. We recommend talking to our commercial team as early as possible, in order to discuss your requirements and get the renewal right first time. Rent Reviews Many commercial leases include provisions for regular rent reviews, over the entire course of the lease term, typically occurring every three to five years.Rent review clauses set out when each review will take place, the method of review, assumptions and disregards to be made when valuing the premises for the purpose of rent review, the procedure to be followed, and methods for dealing with disputes if they arise.Our Chartered Surveyors are experienced in working with landlords and tenants to review rents for all types of office, retail and industrial properties.Please contact us on 033 0134 7452 to find out more about our property lease advice. To request a property valuation, simply complete our online commercial valuation form.