Lease Advisory

Lease Advisory

We advise freeholders, leaseholders, landlords and business occupiers on a complete range of leasing, rent and service charge issues.

We have extensive experience in providing advice and conducting negotiations on behalf of clients on lease renewals, rent reviews, lease surrenders, lease re-gears/restructures and service charge disputes across all commercial property types.

As an independent consultancy, we can inform our clients from either side of the landlord-tenant divide with honest and accurate advice. We are able to negotiate the best terms possible by having a detailed understanding of the London market through close collaboration across our own business disciplines.

Lease negotiation has evolved beyond rent reviews and lease renewal advice. Our bespoke service and high degree of market intelligence enables us to better inform client decision-making, adding greater value to your business.

Our services include:

Lease Renewals & Restructures
Our highly experienced professionally qualified surveyors can provide strategic advice and negotiate on the statutory framework governing most lease renewals.

Break options in leases provide both tenants and landlords with an opportunity to restructure their lease to more favorable terms. We have extensive experience in acting for both landlords and tenants.

Rent Reviews
The current market demands expert rent review advice to minimize risk and maximize return – both for landlords and tenants.

Our service specialises in navigating the complex negotiations now commonplace in the market, securing the best results for both tenants and landlords.

We have experience in third party dispute resolution – for example Arbitration and Independent Expert submissions. Furthermore, our surveyors are able to provide Exert Witness advice in rental valuation disputes.

Corporate Real Estate Advice
Our team is able to offer a corporate advisory role for occupiers on all aspects of their leasing arrangements, from rent reviews and service charges through to business rates and dilapidations.

Partners

Richard Close

Richard Close

Partner

As the partner in Charge of our Lease Advisory team, Richard provides rent review and lease renewal advice to owners and occupiers, as wider strategic real estate advice in terms of occupational strategies to include relocation, mitigating dilapidations, rating and service charge liabilities.

He is also the lead partner of our Valuation team working closely with clients to provide the highest standard of valuation advice for a wide range of purposes.

His clients include large and small corporate organisations, institutional clients, asset managers and property companies. He also acts for a large a number of Barrister Chambers and Charities.

Richard has over 21 years of experience in the market. He is a member of the RICS, a regulated RICS Valuer, an Associate Member of the Chartered Institute of Arbitrators, and a member of the Investment Property Forum. He holds a degree from the University of West of England, Bristol and a Post Graduate Diploma in Property Investment.

T: 020 3077 3420
F: 020 3077 3477
E: rclose@danielwatney.co.uk

As the partner in Charge of our Lease Advisory team, Richard provides rent review and lease renewal advice ...