Knight Frank Lease Advisory services in Leeds
Our lease advisory surveyors are highly experienced negotiators dealing with rent reviews, lease renewals, lease regears and Arbitrator / Expert referral works.
Our technical expertise coupled with local market knowledge is key to a successful outcome. Our approach is Partner led, detailed and thorough. We have a significant track record of completed transactions.
Lease Advisers in Yorkshire
Knight Frank’s lease advisory team in Yorkshire is embedded with the commercial agency teams which gives us an in depth knowledge of the market and access to an extensive database completed transactions and current availability. We believe it is essential to keep up to date with market transactions, sentiment and practice and also the ever changing case law and statute that affect landlord and tenant matters. We often act for large funds, tenants and family run businesses.
Opportunities to restructure lease have never been greater. Changing market and economic conditions have resulted in landlords wishing to increase value through lease regearing with tenants wanting to reduce liabilities. From a landlord’s perspective, lease re-gearing is an opportunity to protect capital value and reduce the risk of void periods with associated marketing and legal costs. From a tenant’s perspective, a lease regear offers the tenant an opportunity to revisit lease terms which may have been agreed in a stronger market and often the ability to secure significant rent free periods / reduced rents or a capital contribution in exchange for extended lease terms or the removal of break options. A tenant can also look to negotiate away onerous alienation provisions, removal of guarantors or unfavourable rent review clauses.
Our Lease Advisory services include:
- Break Clauses
- Expert Witness
- Lease renewals
- Lease regears
- Lease restructure
- Rent reviews
Richard Clark MRICS is the Partner in charge of the team in Leeds and has 16 years experience in the commercial property market with 9 years experience in the City of London. Richard’s contact details are as follows:-
Tel: 0113 297 2422 / 07825 754 921