If your company isn’t expanding or contracting, and your current premises still meet your immediate and future requirements, renewing your lease may be the best option.

Not only will you avoid the operational and financial disruption of moving premises, you’ll also be able to leverage current market conditions to strengthen your negotiating position with your landlord.

How we help

• Identification and negotiation of opportunities for improving existing lease provisions
• Expert Witness advice where an agreement cannot be reached

If you plan to stay in your existing premises beyond your approaching lease break or expiry, you may wish to restructure the terms of the lease.

Depending on your negotiating position, your landlord may agree to remove a break clause and/or extend your lease in return for downsizing or a cash payment. If more space is acquired you may have the opportunity to reduce your rent and agree other financial incentives.

How we help

• Identification and negotiation of opportunities for improving existing lease provisions
• Expert Witness advice where an agreement cannot be reached
• Space utilisation review to ensure optimum operating efficiencies
• Disposal of surplus space through assignment or sublease

Your workplace is the ultimate staff recruitment and retention tool so it is vital that it accurately reflects your company’s brand.

If you no longer wish to remain in your current premises, either because the cost, quality, quantity, location, layout and/or amenities no longer meet your needs, you may wish to consider relocating elsewhere.

Depending on market conditions, you may be able take advantage of any financial incentives on offer such as rent free periods and tenant improvement allowances.

However, legacy lease issues and the potential disruption to your business also need to be taken into account before deciding whether to relocate.

How we help

• Dilapidations assessment and negotiation of financial settlement or works requirement
• Detailed advice on market conditions, including rental values, lease terms and rent free / capital incentives
• Thorough market search for suitable properties and negotiation with landlords of shortlisted properties to ‘market test’ options
• Preparation of a building survey / schedule of condition to minimise repairing obligations
• Procurement and management of fit out / refurbishment works
• Move management to minimise the impact of the relocation to your business
• Business rates and service charge audit to reduce running costs to ensure value for money