Challenge – rent review acting for tenant, complex mixed industrial / office site
- Rent review acting for tenant
- Complex mixed industrial/office site
- Passing rent £350,000 pa
- Landlord proposed £620,000 pa
- Review settled at £400,000 pa
- To achieve lowest rent settlement for tenant client.
- Complex site extending to 98,000 sq ft in non confirming location. Providing full business space lease advisory advice and securing a negotiated settlement.
- Achieved a saving of £220,000 pa.