Lease advisory

Plan ahead to ensure your lease is right for you at every stage of the property lifecycle

Office building

We work with landlords and tenants to provide pro-active advice on all aspects of commercial leases, including rent reviews, lease renewals, disposal of space, lease re-gears and asset management initiatives.

Our dedicated lease advisory team have achieved £16.5m of rental savings against quoting rents for our occupier clients, using their up to date market knowledge to meet our client’s real estate objectives. Whilst also achieving £14m in rental uplifts for investor clients at rent review and lease renewal.

Our team of RICS Chartered Surveyors and Registered Valuers based in London and Manchester offices cover the whole of the UK with a track record in the office, industrial and retail markets.

Our teams have proven their abilities to maximise client objectives and act on behalf of investment funds, private companies, public sector bodies, charities, and individuals, whether they be owners or occupiers.

We are experts in negotiation and use technical interpretation, valuation, and market-based advice to leverage the terms of a lease on behalf of our clients. The team have an in-depth understanding of the statutory processes for rent review and renewal, and provide strategic value add advice to both landlords and tenants on lease re-structuring to meet occupational and portfolio objectives.

Looking beyond the lease event, we identify opportunities to enhance value for landlords and tenants through advising on new lease terms, break notices and exit strategies.

Our services include:

  • Negotiation of rent reviews
  • Negotiation of lease renewals (both Protected 1954 Act and those excluded)
  • Assessment of market rental value
  • Lease re-structuring
  • Disposal options, alienation, and sub-letting
  • Expert witness representation – arbitration/independent expert – County Court, PACT, Alternative Dispute Resolution.

£16.5m

Saved for occupier clients from landlord quoting proposals at rent review and lease renewal

5m

Sq ft of commercial floor space advised on

£14m

Achieved in rental uplifts for landlords at rent review and lease renewal

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Meet the team

Contact

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Joe Allen

Partner, lease advisory and infrastructure

Head office

T +44 (0) 7710 026 088
Joe Allen, Cluttons
Contact

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Jack Spreadborough

Partner, lease advisory and compulsory purchase

Head office

T +44 (0) 7790 827 512
Jack Spreadborough
Contact

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Alex Weatherilt

Partner, lease advisory

Manchester

T +44 (0) 7971 809 776
Alex Weatherilt, Cluttons
Contact

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Will Leventhal

Surveyor, commercial valuations

Newcastle

T +44 (0) 7483 467 193
Will Leventhal, Cluttons, Newcastle

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