London's leading rent review & lease renewal specialists for industrial & warehouse unitsFor over 50 years we have been representing Tenants occupying Industrial and Warehouse units faced with a rent uplift throughout all London areas and the Home Counties, protecting them from any unwarranted increase.
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London & M25 Industrial Property
During the past five years, prime headline rents for industrial and warehouse units have risen irrespective of size, some by as much as 5% per annum. Limited supply has driven rental growth and not withstanding Brexit will likely continue during 2019-2021.
Supply remains modest, and despite a relatively sluggish economic outlook in the UK, the fundamentals for Industrial and Warehouse space continues unabated. The loss in some areas of industrial in favour of residential development has exacerbated the problem and forced rents to rise.
However if you are a Tenant facing a rent review or lease renewal in London or any of the Home Counties of between 1,000 sq.ft and 150,000 sq.ft do talk to us NOW without charge, and let us explain how as specialists we can cost effectively protect and improve your position.
Commercial property leases normally have a provision for a rent review where at a specified date, the Tenant may receive a proposal from the Landlord to adjust the rent to what they believe is the current market level. Rent reviews take place at whatever intervals are agreed in the rent review clause(s) in the commercial lease however most leases specify that in order to prevent Landlords proposing excessive increases, the rent should be based upon the open market rental value. Tenants have the opportunity to oppose the proposed increases should there be no justification or evidence to support a lower rent than proposed.
FIVE REASONS TO CHOOSE RICHARD LIONEL & PARTNERS
FREE LEASE ANALYSIS
Take advantage of our initial free lease analysis service available to all potential and existing clients.
With almost 50 years of rent review experience we are able to ensure the best results possible.
Our comprehensive property database is available and a vital tool for all rent reviews and lease renewals!
We offer competitive cost effective fee structures which include ‘performance’ based and/or fixed fees.
Our dedicated rent review team promise personal attention at all times offering creative solutions and advice.
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Please do contact us and let us explain how we work, and how you can benefit from our experience and expertise.