Lease Renewals & Rent Reviews

ASL Chartered Surveyors & Valuers

Lease Renewal & Rent Review Surveyors

RICS Accredited Chartered Surveyors

Our team of chartered surveyors at ASL regularly assist in lease renewal and rent review processes of many commercial clients across Merseyside & the North West.

We assess market rents, inspect property conditions, and ensure our client’s full compliance with lease terms. We also provide negotiation support to reach fair terms that reflect current market standards and satisfy the needs of both landlord and tenant. If a dispute arises, we can mediate or provide expert advice to achieve a mutually beneficial resolution.

Our expertise in the commercial property sector ensures a smooth, fair process that helps maintain positive landlord-tenant relationships.

Commercial Lease Renewal Surveyors

RICS Accredited & Chartered Surveyors

A lease renewal is the process where a landlord and tenant agree to extend an existing lease beyond its initial term, typically renegotiating terms such as rent, duration, and conditions to reflect current market standards.

During this process, both parties may adjust terms based on property performance, market trends, and tenant needs.

A surveyor often assists by evaluating fair market rent, inspecting the property’s condition, and negotiating terms that balance the interests of both landlord and tenant, helping secure a mutually beneficial agreement for the new lease period.

Consultancy Services We Provide at Different Lease Events

Lease Interpretation: a review of lease terms to ensure compliance and rights for all parties.
Lease Renewal: negotiating terms for extending the lease beyond its current term.
Rent Review: assessing and adjusting rent to align with current market rates.
Rent Valuation: determining fair market rent, if applicable, during renewals or reviews.
Break Clause Management: coordinating early termination rights and ensuring compliance.
Lease Surrender: arranging for a lease to end early by mutual agreement.
Assignment: handling the transfer of the lease to a new tenant.
Subletting: arranging for part or all of the premises to be let to a third party.
Schedule of Condition: detailed records of property condition at the start or renewal of a lease.
Dilapidations: assessing and negotiating repairs needed, or financial settlements if required.
Alienation Provisions: managing permissions for assigning or subletting as specified in the lease.

Commercial Rent Review Surveyors

RICS Accredited & Chartered Surveyors

A rent review is a scheduled assessment to ensure that the rent a tenant pays aligns with current market rates. Any long-term commercial lease will likely be subject to rent reviews. Typically, it’s done every few years during a lease to see if the rent should increase, decrease, or remain the same based on property values and other relevant factors. It helps both landlords and tenants keep the rent fair over time.

If you have a rent review approaching, it’s essential to act promptly. The steps you take now will significantly impact the commercial rent you’ll be paying in the years to come. Our team of commercial surveyors here at ASL, aim to deliver a straightforward and mutually beneficial rent review process for all parties involved.

Different Types of Rent Reviews

What is included in our Commercial Rent Review Services?

RICS Chartered Surveyors: undertaken by a fully chartered surveyor.
Market Analysis: an assessment of current rental values & trends in the area.
Property Evaluation: review of the property’s condition & market positioning.
Lease Interpretation: examination of lease terms to ensure compliance with review provisions.
Rent Calculation: determining fair market rent based on findings.
Negotiation: representation of landlords or tenants in rent discussions.
Documentation: preparation of reports & paperwork to finalise the review process.

ASL RICS Chartered Surveyors

If you have a lease renewal of a rent review approaching, it’s important to act soon. Preparation in good time can save you a lot of money over the coming years of a lease contract.

Here at ASL, our team of chartered surveyors are specialists in commercial property surveys and valuations. We regularly assist in lease renewal and rent review processes of many commercial clients across Merseyside & the North West.

Why Choose ASL Chartered Surveyors and Valuers?

Expertise & RICS Certification

Our accreditation, extensive experience, in-depth knowledge of the commercial property market, ensures you receive the highest service with every valuation.

Comprehensive & Transparent Reports

We deliver clear and concise reports providing a complete picture of your commercial property’s condition, value, or life cycle cost analysis.

Accurate & Reliable

ASL deliver comprehensive and precise valuations backed by thorough research and commercial market analysis.

Client-Centric Approach

Your satisfaction is our priority, and we are dedicated to tailoring our valuations to your unique requirements, and answering any questions throughout the valuation process.

Hear From Our Customers

I got ASL to provide a valuation on a property I was purchasing and following their advice I was made aware of a number of repairs which resulted in a lower valuation than the agreed purchase price. I was able to negotiate a new purchase price saving £12,000. The service was quick, efficient and friendly.

Cannot fault the service received from Nick at ASL Surveyors. He ensured that the whole process was quick, efficient and stress free. I had my report back within a few days so I honestly couldn’t recommend him and this company enough. Thank you!!

I used ASL for my recent home purchase. Complete transparency and efficient communication was achieved throughout. I received my full report in a timely fashion and couldn’t recommend the company more to anyone looking to use their services.

We recently agreed a private sale on a bungalow in Gateacre, as there was no agent involved, we were advised to at least get a Home Survey. Gabriella arranged this quickly and we received the report a couple of days after the survey was done. It was really detailed but explained perfectly and the scoring system allowed us to understand it better. We had a couple of questions which James answered on a phone call a few days after. Excellent service throughout, thanks to all involved.

As a firm we highly recommend ASL Chartered Surveyors, rely on their service and we will continue to do so in the future. We have used ASL Chartered Surveyors for our housing disrepair clientele and they always deliver in accordance with the protocol. We are confident in the service ASL Chartered Surveyors provides, and we have always found them to be reliable, approachable and professional – they never hesitate to assist us and indeed our clients with any queries we may have collectively throughout the process.

I can’t fault the service we received and have had a really positive experience with the company. The guys carried out an extensive search on our property and provided a thorough report. On moving in we noticed a couple of issues that we wanted some more information on and contacted them to advise. Mal and Danny came straight out to do another check and were extremely friendly and helpful and gave us some useful tips on how to solve the issues. The service has been very professional and they are clearly a very reputable company to make a second visit and reassure us.