Lease Renewals
Rent Reform has a pioneering approach to lease renewals. If a lease has ended or is coming to an end within three to four years, or a break clause is pending, the team at Rent Reform are able to create extremely favourable packages for tenants.
By sourcing local comparable evidence and potential alternative premises along with the various financial incentives being offered, Rent Reform is able to negotiate the most competitive lease renewal packages for clients.
In return for offering landlords added security by extending the current lease term, Rent Reform will aim to achieve the following financial incentives for tenants:
- Significant rent free periods
- Short/medium term reductions in the passing rent
- Nil increase in passing rent for the new lease
- Capital contributions from landlords to improve the premises
Rent Reform has acted on behalf of numerous tenants across all market sectors providing creative and financially beneficial restructuring packages, allowing both landlord and tenant to benefit.
If your lease is coming to an end or you have a break clause within the next three years please contact lee@rentreform.co.uk.