Pub Lease Renewals
Pub Innsite represent both Landlords and Tenants in the Lease Expiry Process.
Make no mistake, the renewal process is very technical and strategic in nature. Making a mistake can be very expensive to both sides
The Lease Expiry and Renewal process is an important opportunity in today's environment especially for tenants to "re-set" upward only rents to market levels. There is a strategy involved and professional representation is absolutely vital to ensure that "traps" do not result in a tenant losing a great opportunity for a viable rent.
If you are served with a notice you can not ignore it. If a tenant fails to protect his position he will risk losing his Landlord and Tenant Act rights to the protection of his tenancy. Always use an RICS regulated company to ensure a satisfactory standard of service.
If you do not serve notice to start the lease renewal process, you can effectively "hold over" on a rent that is higher than you should be paying. i.e if you do nothing you will carry on paying a rent that might well be too high.
Many tenants are concerned about the costs involved, Pub Innsite can provide flexible and value for money terms which might surprise most people. There is also another low cost option for determining Lease Renwals - Professional Arbitration on Court Terms (PACT). This is significantly cheaper than going via the Court and the ability for awarding costs can also apply.
For a no obligation discussion please contact us at your convenience.
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