Rent reviews are governed by the terms of the commercial lease and by case law. Surveyors provided by Smith & Knight act for both landlord and tenants and have many years experience of dealing with these on all types of commercial property.
Rent reviews are usually agreed by negotiation, however if settlement can not be reached the review is determined by a third party surveyor usually elected by the Royal Institution Of Chartered Surveyors.
Please contact us to discuss your requirements.
Lease renewals occur at the end of a commercial lease. The renewal is governed by the Landlord and Tenant act 1954 Part II, as amended and by case law. If agreement can not be reached by negotiation then the terms of the new lease are determined by the Courts.
Smith & Knight Property Services Limited can provide arbitrators and expert witnesses in court for rental disputes.