Lease Re-gearing
Lease re-gearing is a positive way to help both the landlord and tenant achieve their goals. A lease can be varied at any time, however rent reviews and break dates offer specifically good opportunities for tenants to explore the possibilities of restructuring their lease.
Rent Reform can negotiate immediate upfront rent concessions in return for the tenants continued commitment to occupy the premises. Faced with the prospect of no tenant at all and the liability for empty property business rates, UK landlords will often decide that a reduction in the passing rent is a better option than vacant premises.
The flexibility of lease re-gearing allows Rent Reform to consider the requirements of the landlord as well as the tenant in order to produce a 'win - win situation'.
For a confidential discussion or more information please contact danny@rentreform.co.uk.