What is a commercial rent review?
Most commercial leases will be subject to a rent review and regular intervals as per the terms of the lease. This is usually every three to five years. A commercial rent review is usually “upward only”, meaning that the landlord can only review your rent upwards to increase the rent.
There are various types of rent reviews, including open-market rent reviews and index-linked reviews. The type of rent review will be set out in the lease.
Rent reviews are complex and we recommend taking specialist legal advice is taken prior to agreeing to an increase in rent. If an agreement is made that either party is unhappy with, it is likely to be difficult and potentially costly to unwind any agreement reached.
If you are unsure about the terms of your rent review, or should you find yourself in a dispute, get in touch with our Property Litigation team of experienced advisors who can assist you in moving forward.
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About Ellis Jones
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Learn MoreAbout Ellis Jones
We take a personal and empathetic approach to everything we do to help give our clients peace of mind knowing that their best interests are at heart. Learn more about our culture and values and get in touch with the team.
Learn MoreOur Commercial Property Dispute Experts
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