Lease Renewals

One of the areas we specialise in, is Leasehold Acquisition and Lease Renewal, primarily for clients with office, retail and industrial premises. Early involvement is both cost effective and gives peace of mind when acquiring or renewing leasehold premises. In general, the advantages can be summarised as follows:

• Access to extensive property availability.
• Knowledge of availability prior to open marketing.
• Lease analysis and advice.
• Negotiation of the most favourable terms available.
• Confidentiality.

To ensure the market is fully researched, it is preferable for instructions to be given at an early stage, in order for the following services to be provided:

• Close liaison with the client to identify specific requirements.
• Production of a schedule of current and potential availability.
• Arrangement of viewings of suitable properties and provision of advice on each unit viewed.
• Negotiation of the best possible terms on the most suitable unit.
• Liason with the client’s legal representatives in order for the efficient and accurate documentation of the agreement.

In situations where a suitable property has already been identified or the lease is to be renewed, the last two tasks will only apply.