Lease structures
The services that the Lease Consultancy Group provides to investors and occupiers include the following: -
Analysing and interpreting rent review clauses to provide advice on the correct basis of valuation for rent review purposes. This basis often differs from reality.
Analysing other lease terms and providing advice as to how these may impact on value at rent review and at lease renewal.
Identifying potential opportunities arising from the lease terms for maximising or minimising rent increases at rent review and lease renewal.
Working alongside advisors on:
- The interpretation and clarification of lease terms at rent review and lease renewal.
- Making submissions on preliminary legal issues affecting value to Arbitrators and Independent Experts.
- Providing Expert Witness statements to the Court at lease renewal.
Providing advice to investors and occupiers and their legal advisors during the lease drafting process on the practical implications of proposed rent review provisions, other lease terms and their inter-relationship.
Advising investors and occupiers on any qualification criteria for break notices to be effective.
Identifying and advising on opportunities for, and the practical implications of, restructuring existing leases.
Advising and defending occupiers who try to sublet premises at a rental level claimed by the landlord to be below market value. Speed is vital as any delay in granting consent can lead to the loss of the subtenant.
