Lease Advisory

Acting on behalf of a private landlord client we are providing advice in connection with a commercial lease restructure. Negotiations with the tenant’s advisors have had to balance our client’s objectives to maximise income over the long term with the occupier’s desire to purchase the property in due course.


Advice has been provided and negotiations undertaken to deal with a number of interrelated issues, in particular:

  • Terms of a tenant’s option to purchase – price and mechanism issues.
  • Structural alterations required by tenant.
  • Terms of a tenant break option.
  • Future basis of rent reviews and commencing rent.

 

We have also provided valuation advice on redevelopment options, introducing a town planning specialist as part of the process.


We are now working with our client’s solicitor to finalise reversionary lease terms following agreement on the Heads of Terms with the tenant’s advisor and expect a satisfactory outcome for our client.

Project1 Search Acquisition

Search & Acquisition

We are currently advising Base in their search for new offices in central Bournemouth. Founded in 2008, Base is a digital technology group with focus on app-based products and services for smart cities ...

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Project2 Bournemouth Aerial Photo

Property Strategy

We are retained by a commercial business organisation to provide ongoing strategic property advice. Faced with a lease event on their existing offices, part of which is sublet, we are advising ...

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project3 property management

Property Management

We currently act for a group of private individuals who collectively own a portfolio of commercial investment properties in East Dorset. The owners recognised that the portfolio was ...

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Project 4 Lease Advisory

Lease Advisory

Acting on behalf of a private landlord client we are providing advice in connection with a commercial lease restructure. Negotiations with the tenant’s advisors have had to balance our client’s objectives to maximise ...

Read more ...

 

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