A complex and diverse practice affecting almost every commercial lease.
Our objective
For Landlords - Maximising rental income
For Tenants - Curtailing rental increase to a minimum
What we do
Service of Rent Review Notice / Counter Notice
This may involve observation of specific formalities or time conditions.
Familiarisation with Code of Measuring Practice
While this is often a contentious issue, we have expert knowledge that will help decide what areas to include or exclude.
Particular Features
Various aspects need to be considered. These include location, size, frontage, shape, layout, specification, services and age of the property. For Shopping Centres additional features such as position from entrances, anchor tenants, escalators and parking.
Research
Footfall, market trends, economic factors, turnover, can all be researched in order to contribute to an accurate and up-to-date review.
Legal
Careful and correct interpretation of the lease is essential. Legal advice may be sought regarding complications and/or ambiguity in the lease. Our experts at CBRE have post-1970’s familiarity with Case Law.
Comparable Evidence
This is of paramount importance and forms the foundation of the valuer’s opinion.
Gathering, analysing and using information in a realistic and effective manner is all part of our service.
Negotiation Skills
The opening sorte, manoeuvre and art of persuasion. The burden of proof rests on both sides.
Third Party Appeal Procedure
This may be necessary following breakdown of negotiations elsewhere.
Independent Expert
Our excellent wordsmith abilities are of utmost importance in preparing précis of evidence. We ensure that effective counter submission is made within restricted time-frames.
Arbitration (Oral)
Our dedicated team are familiar with the procedure involved and capable of articulate and competent verbal argument. This may involve challenging content and/or relevance of opponent’s evidence.
Memoranda
Creating written agreement, obtaining signatures from both parties. Pursuing completion to finalisation.