Commercial Lease Advisory & Rent Reviews

We provide all services connected with rent reviews, lease renewals, re gearing of existing leases, and advice around Landlord and Tenant legislation.

Commercial leases generally provide for rents to be reviewed every five years and frequently leases now incorporate break options in the tenants favour in order to accommodate flexibility to suits occupational needs.  These provisions have a direct impact on the landlord’s asset value and the occupier’s business. Professional advice and in-depth market knowledge are essential in securing the best outcome for both parties.  Our services include providing market rental advice, negotiation of rent reviews and of preparation of expert submissions for third party determinations and this can extend to:

• Analysis of the Lease and Rent Review clause.
• Gathering and analysis of market evidence in comparator properties so that like for like comparisons can be provided.
• Property inspection and measurement in accordance with best practice standards.
• Providing an opinion of Rental Value for dispute resolution and Court, along with Expert evidence.
• Advice on opportunities to improve value for businesses and landlords alike through variation of leases.
• Negotiations to settle disputes and instruct solicitors so that formal agreements can be prepared.
• Preparation of expert submissions for third party determinations.
• Preparing of Memorandum of Rent Review.

Separately, Peter Stapleton acts as arbitrator in all kinds of property related disputes under the Arbitration Act 2010, generally in relation to commercial rents and commercial leases, appointed by agreement between the parties and also by appointment by the President of the Society of Chartered Surveyors Ireland, where he is a member of the Presidents Panel of both Arbitrators and Experts.