Most commercial leases contain provisions for the regular review of the rent to ensure that the tenant is paying the reasonable current market rental for a property of that nature.
When drafting your new commercial lease and rental agreement our Commercial Property Solicitors in Milton Keynes can advise you as to the appropriate rent review provisions which should be incorporated within that lease to ensure a fair position for both landlord and tenant.
At the time that the commercial rent is reviewed we will work closely with your surveyor who will have knowledge of rental values for comparable buildings and advise on the proper interpretation of the rent review provisions and the recording of the agreed rental.
Contact our specialist commercial rental solicitors for help and advice. Get in touch with our team in Milton Keynes by calling 0330 0945 500, emailing email@example.com or complete our Online Contact Form and we will get back to you.