Rent Reviews and Lease Extensions in Cardiff
Rent Reviews, Lease Extensions & Renewals
Dependant on the review clause in your lease document Rent Reviews or Lease Extensions & Renewals usually happen every 3 to 5 years.
Commercial reviews and lease renewals involve a surveyor to assess the new rent applicable to commercial premises.
Martin Cotsen & Co have a good knowledge of local commercial market values and through years of experience, can act for both landlords or tenants to protect their interests and either maximise or minimise rents payable.
Our service includes for commercial premises:
The terms of the review clause in your lease are always the starting point as they will define how and when the rent review is to be conducted.
Often there are strict time limits to comply with. Failure to adhere to these could have serious implications.
It is a good idea to obtain advice well in advance of the review date.
Martin Cotsen & Co have extensive, up-to-date knowledge of the local commercial property market which means that we are particularly well placed advise clients in connection with their rent review negotiations.
You can also email us at email@example.com
With over 50 years of local knowledge we have developed a reputation for attention to detail and outstanding service.