Articles on rent reviews and lease renewals
Practical advice for commercial Landlords and Tenants from Charles Daniels, Partner at Richard Lionel & Partners.
Open Market Rental What?
The phrase in most commercial leases that decides how a rent review or lease renewal turns out, and the evidence that proves it.Read the article
2025: The Year of the Rent Review
A rent review does not have to mean a rent increase. What decides the new rent, and what has changed since.Read the article
How to Ask for a Rent Reduction
When a commercial Tenant can get the rent reduced, and why many Landlords would rather agree than lose a Tenant.Read the article
Who Said Retail Is Dead?
In 2020 the headlines said the high street was finished. We kept letting shops in London.Read the article
Date Matters!
Why the review date in the lease, not the day you negotiate, decides the value, and what lockdown showed about it.Read the article
The New Gambling Legislation vs Commercial Property on the High Street
What the £2 limit on fixed-odds betting terminals meant for Landlords of betting shops, written in 2018, with what happened next.Read the article
A Gentleman’s Handshake Is Not Always Enough
A rent review agreed on a handshake, a freehold sold, and a new Landlord asking for close to double the rent.Read the article
Time Can Be of the Essence
Some leases give a Tenant as little as 21 days to object to a proposed rent. Miss it and the rent is final.Read the article
Avoiding Back Rent
Why letting a rent review date pass quietly can leave a Tenant with thousands of pounds of back rent.Read the article
Rent Reviews: Best Practice
Four steps that give Landlords and Tenants the best outcome at a rent review, and what the ban on upwards-only rent reviews means.Read the article