Lease Renewals: Secure Your Commercial Property’s Future
At The Lease Negotiator, we understand that lease renewals can be a complex but critical process for commercial tenants. Our specialised lease renewal service ensures you make informed decisions that align with your business objectives and market conditions.
Why Choose Our Lease Renewal Service?
With years of experience in commercial property consultancy, our team has successfully managed lease renewals for a diverse range of clients. We pride ourselves on our attention to detail, market knowledge, and commitment to achieving the best possible outcomes for our clients.
The benefits of enlisting our professional lease renewal service include;
- Market Insight: Leverage our deep understanding of current commercial property trends
- Negotiation Expertise: Benefit from our skilled negotiators who secure favourable terms
- Time-Saving: Focus on your core business while we handle the renewal process
- Risk Mitigation: Avoid potential pitfalls and legal complications
- Maximised Value: Optimise your lease terms for long-term financial benefits
Lease Negotiation
As commercial lease negotiators we diligently go through many things to ensure the best deal for you. We evaluate the length of the lease, comparable rents, hidden costs and check every single detail for any clauses, including termination clause.
Our Experience
We have over 30 years of experience when it comes to commercial lease negotiating. Our goal is to find you the most suitable property and negotiate the lease on your terms.
Why us?
The Lease Negotiator uniquely acts on behalf of you, the business owner, and not the landlord. While we value integrity and trust, we are also passionate about getting you results for your business.
Our Initial Call
In our first call we listen to understand your property requirements and challenges. Armed with this brief, we explore the commercial landscape and consult our network of contacts to source property that meets your criteria.
Sectors
The lease Negotiator supports businesses across the UK and has experience in a range of commercial sectors. To find out more Click Here
Contact Us
Let us find the right commercial property for your business. If you’d like to discuss how we can help you then Contact Us today.
What People Say About The Lease Negotiator
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Frequently Asked Questions
To achieve the best results, negotiating a commercial lease requires an in depth technical knowledge. The various components and clauses within a commercial lease can have a significant impact (both positive and negative) on the business.
As the custodian of your business, it is absolutely vital for you to fully understand the implications of the terms you are negotiating. As even small mistakes, can have large and costly repercussions. And a lease is a legally binding contract.
So, if you are not fully familiar with the implications of contracting out, service charge liabilities, repairing clauses, personal guarantees, deposits, alienation provisions, rent reviews, incentives, why not get the advice from an expert.
It depends.
If your lease is “contracted out”, then as a tenant, you do not have any automatic rights to renew your lease. Therefore the landlord can refuse to renew your commercial lease.
If your lease is inside the Security of Tenure provisions of the Landlord and Tenant Act 1954 Part II, then the landlord can only refuse to renew your commercial lease upon 7 specific grounds and they are:-
- Ground A: Breach of repairing covenant…
- Ground B: Persistent delay in paying rent…
- Ground C: Breaches of other obligations…
- Ground D: Alternative accommodation is available to the tenant…
- Ground E: Sub-tenant – possession required for letting or disposing of whole of property…
- Ground F: Landlord intends to demolish or reconstruct…
- Ground G the landlord intends to occupy the premises…
Some of these grounds, namely (a), (b), (c) and (e) are subject to the court’s discretion and the remaining grounds (d), (f) and (g) are mandatory, meaning that if a landlord establishes the mandatory grounds the court must refuse to renew the tenancy.
It will depend on the complexity of the transaction and how familiar you are with negotiating lease terms. It also depends on the ease of ommunicaton between the parties. By getting an expert involved at this stage, this will help speed up the process and ensure the lease terms are negotiated to your advantage.
On average, our lease negotiations are concluded within 3 days. Once the lease terms are negotiated, the heads of terms are circulated to solicitors to draft the lease. This part of the process can take 8-12 weeks.
The landlord cannot choose to increase your rent, unless there are provisions to do so within the lease.
It is common within leases to have a rent review at the end of every third or fifth year. The rent is traditionally reviewed to market rent (or linked to RPI/CPI) and is open to negotiation.
Not Sure Where to Turn Next? The Lease Negotiator Can Help.
You may have already undertaken some preliminary research, which has failed to produce any suitable opportunities for your business. Not only can we find the right property for you (unless you have already found one), but with our knowledge and expertise of the commercial property market, we safely guide you through the lease negotiation process.