Case Study: Big Shed Big Rent Big Increase
Acting on behalf of a North West Property Investment Company, our Lease Advisory Team have recently agreed a number of rent reviews including that of a 175,000 sqft distribution warehouse in Greater Manchester. This resulted in an overall increase of 10% in the rental income, while prime average rent for ‘big sheds’ as a whole rose nationally last year by only 3.7%. The North West has experienced the highest regional rises averaging 10.6%.
Our dedicated Lease Advisory team has the specialist skills and experience to deal with all commercial Landlord and Tenant matters, advising clients across all sectors of the property market both regionally and nationally.
Our team can help with rent reviews, lease renewals, restructuring/re-gearing or surrender/assignment of leases, and sub-lettings as well as general advice on all lease related matters and Landlord and Tenant issues or disputes.
Click the link to understand how our Lease Advisory Specialists can assist you further.