Rent reductions
Rent Reform provides a unique rent reduction service for commercial tenants who are able to demonstrate a genuine need for financial assistance within their business.
Institutional leases in the UK are generally subject to upward only rent reviews. This situation has resulted in tenants having little or no ability to reduce their rents.
With our team of highly qualified negotiators who consistently work around these inflexible, draconian lease terms, Rent Reform are able to successfully reduce the rental overheads of commercial tenants.
Our approach to rent reductions is to deal with each case on an individual basis and our team of restructuring advisers will take all matters into consideration including the nature of the business, the current financial standing and the future plans of the business.
We have achieved a large number of rental concessions for our clients ranging from 9 month rent free periods to 25% reductions in the passing rent for the remainder of long term leases. These reductions have enabled occupiers to stabilise their cash flow, reduce bank debt and position their company competitively for future trading.
For a confidential discussion or more information please contact jonathan@rentreform.co.uk