Rent Reviews, Lease Renewals and Business Rates
Beresford Adams Commercial have been involved for many years in utilising their extensive market knowledge to obtain positive solutions on rent review, lease renewal negotiations and Business Rates Appeals for landlords and tenants alike.
With the current economic situation it has never been more important to take the correct professional advice to maximise the client's position.
We act across the region in all main commercial property sectors and work closely with other professionals to ensure that these complex areas are efficiently dealt with. The changing market place requires separate strategies for both landlords and tenants, and our advice has resulted in significant financial advantages in the matters we advise upon.
The majority of these negotiations are usually settled between the parties and their respective professional advisers, but in the event that agreement cannot be reached we prepare Expert reports for Arbitration and Court disputes.
With the increasing costs of commercial property ownership the challenging of rating assessments is an important consideration. The 2010 Rating List currently applies, and as it is based on April 2008 values is therefore a contentious valuation date, presenting many opportunities for Appeals to be considered.
We act on behalf of a wide range of clients again through our market knowledge and understanding of the correct valuation bases, and have been able to negotiate significant savings for payment of overpaid rates in appropriate cases.