0161 491 3933 info@jmrsolicitors.co.uk

JMR Solicitors

Integrity with Professionalism

JMR Solicitors for You
JMR Solicitors for your Business
  • Home
  • About

    About JMR Solicitors

    • The JMR Solicitors Team
    • Reviews for JMR Solicitors
    • Our Pricing
    • Information on Fees
    • Terms of Business
    • Complaints Policy
  • Individual Services

    Individual services

    • Family Law & Divorce
    • Immigration Law
    • Employment Law
    • Wills & Probate
    • Power of Attorney
    • Conveyancing
    • Holiday Claims
    • Motoring Offences
    • Personal Injury Compensation
    • Brain Injury Compensation
  • Business Support

    Business Support

    • Business & Contracts
    • Civil Litigation & Debt
    • Commercial Leases
    • Commercial Conveyancing
    • Landlord & Tenant
    • Trademarks & Patents
    • Sports Law
    • Employment Law for Employers
    • Business Interruption Insurance Claims
    • Flexible Legal Solutions
  • International Law
    • Legal Services for Dubai and UAE Businesses
  • Blog
  • Contact

    Contact & Locations

    • Contact Us
    • JMR Solicitors in Didsbury
    • JMR Solicitors in Cheadle
    • JMR Solicitors in Chorlton
    • JMR Solicitors in Old Trafford
    • JMR Solicitors in Greater Manchester
    • JMR Solicitors in Sale

Rent Reviews

Having a long lease on your business property can seem like an attractive choice, as it provides a certain degree of stability. However, the rent review provisions in a typical lease can cause some problems if you are suddenly faced with rent increases. To be in a strong negotiating position when your lease is drafted, it will help to have the advice of a solicitor who has a detailed understanding of the rental review terms in your lease, and of the local commercial property market.

What are rent review clauses

The typical long-term lease will include a rent review clause which will provide for the rent to be reviewed every three to five years. It will also give details of what procedures will be followed when reviewing the rent. The landlord will usually be obliged to give the tenant notice of the new rent by a set date and the tenant will be obliged to respond by a stated deadline or they will be assumed to have accepted the new rent.
Most commonly the rent is based upon the open market rental value in the local area, however the new rent could be based on something else such as the retail price index. The lease will state the basis on which the new rent will be determined, and may also include terms that will allow the rent to increase but not decrease.

Should I negotiate the rent for my rent review?

As a tenant, it is advised that you keep a watchful eye on the local rental prices so as to have a guide to the open market values. As this is the most common basis for the rent, it will allow you a better understanding and give you a stronger position from which to negotiate.

What to do if I have a rent review dispute?

It is always advisable to negotiate the rent first, but if unreasonable requests or demands are being made then you may not be able to reach an agreement. The lease to the property should set out how disputes are to be handled, but this is generally by arbitration by an independent expert.
If you wish to discuss your rent review with a solicitor, then contact JMR solicitors, as we deal with rent reviews frequently and are well versed in the terms and conditions of your contract.

Commercial Lease Topics

  • Assignments
  • Rent Reviews
  • Service Charges
  • Lease Renewals (Landlord)
  • Lease Renewals (Tenant)
  • Rent Deposit Deeds
  • Licences to Sub-Let
  • Licences for Alterations
  • Surrender of Leases

Why Choose Us?

We are a well-recognised, local and reputable law firm based in Manchester.

We handle a wide range of cases and strive to provide 100% unique and tailored advice to every one of our clients. We are personable, professional and have a team that will always be in your corner. Contact us today

Review for JMR Solicitors

JMR are a very professional and experienced solicitors. I would highly recommend their services!
Ricky Strachan

Send a message or Request a Call Back

    Subscribe me to the JMR Solicitors mailing list for updates and Newsletters

    Your and Your Family

    • Individual Services
    • Family Law & Divorce
    • Holiday Claims
    • Immigration Solicitors Manchester
    • Motoring Offences
    • Personal Injury Solicitors
    • Power of Attorney
    • Wills & Probate
    • Brain Injury Compensation

    Business Support

    • Business Support
    • Business & Contracts
    • Civil Litigation & Debt
    • Commercial Leases
    • Landlord & Tenant
    • Trademarks & Patents
    • Employment Law for Employers
    • Business Interruptions Insurance Claims

    Contact Us

    Regus
    Adamson House
    Towers Business Park
    Ground Floor
    Didsbury
    Manchester
    M20 2YY

    0161 491 3933

    info@jmrsolicitors.co.uk


    Authorised and Regulated by The Solicitors Regulation Authority
    (SRA Number: 645087)


    Finalists for the British Muslim Awards 2018 for Services to Law

    JMR Solicitors voted UK’s Number 1 Female led fastest growing business
    jmr solicitors law society
    Members of the Law Society
    Accredited Quality Conveyancing
    Accredited Quality Conveyancing

    Company Registered in England and Wales: 11074594
    Authorised and Regulated by The Solicitors Regulation Authority (SRA Number: 645087)
    Copyright © 2023 JMR Solicitors · Privacy Policy · Site Map

    Fernandes Creative