Landlord and Tenant
Hyde Harrington offer advice upon all types of commercial property to
clients throughout the Cumbria region in matters relating to lease renewals and rent
reviews.
Clients include both landlords and tenants, property companies with large
portfolios or private individuals with a single property.
Lease renewals
Commercial leases are renewed at the end of the original term in
accordance with the provisions of the Landlord and Tenant Act 1954.
Advice is provided upon new lease terms, including the level of rent.
Negotiations are conducted on behalf of clients and instructions issued to
solicitors.
Rent reviews
Periodic rent reviews are found in most commercial leases arranged for a
term of years.
Advice is given upon the appropriate rent based upon the review provisions
within the lease and negotiations are undertaken on the client’s behalf, if
required, to agree an acceptable settlement in line with market rent.
Dilapidations
We act on behalf of clients on issues relating to lease expiry including the
negotiation of dilapidations settlements. This includes advising upon the
cost of disrepair and providing a valuation of the diminution in value of the
landlord’s interest.
For advice on landlord and tenant, please contact Trevor Hargraves