At lease renewal both Landlord and Tenant have the opportunity to review the lease terms — don't waste it!
The more preparation you do and the more time you leave to do it, the smoother the Lease Renewal process. We typically begin working at least 12 to 18 months before a lease is up for renewal to protect the Landlords’ assets and profitability and to achieve maximum flexibility for Tenants.
At FHP, we use our in-depth knowledge of market conditions, combined with immense technical skills to interpret the conditions of a lease. The team working on your behalf will always include individuals with specific expertise in your particular sector to ensure you receive the maximum benefit from our services.
We understand just how important negotiating new lease terms is to you — it directly affects your bottom line and, if an amicable agreement cannot be reached, it can even end up in court. We work at least 12 months ahead of the game to protect your investment, give you maximum flexibility and achieve long-term security.
As in our Rent Review service, we understand the importance of up-to-date, relevant knowledge, so our surveyors undergo frequent training and development in these areas. Our credibility in the region is such that legal practices also turn to us for advice on the implications of legal drafting within Lease Renewal negotiations.
Current Projects / Recent Achievements
- Acting for Development Securities on the lease renewals within Pearl House, Nottingham – an investment also acquired by FHP
- Representing Threadneedle Investments in lease renewals at their prime Easter Park development
- Advising local occupiers such as Milward Print and Contract Flooring Association
- Re-gear existing leases for well renowned professional and production companies to help them through the challenged market conditions