The occupancy costs of property are often amongst the highest fixed cost faced by any business today. Propertys costs whilst principally made up of rent can also include Rates, insurance and the obligations imposed by the requirement to repair and maintain the building.
For a landlord, ensuring that rents are reviewed regularly in accordance with the lease is a way of increasing value whilst, for a tenant, proper negotiation and representation at rent review will help minimise liability.
Leases can be complicated legal documents and both the wording within the lease as well as changes in legislation can have a bearing on the outcome of negotiations. Accordingly seeking the advice of Bramleys based on their wealth and depth of knowledge should ensure a positive outcome whether renewing a lease or reviewing a rent.
Bramleys can offer the following services to landlords and tenants:-