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Pub Rent Reviews

IF YOU ARE FACING A RENT REVIEW OR HAVE NOT HAD YOUR REVIEW FORMALLY DOCUMENTED PLEASE READ THIS - THERE IS AN IMPORTANT OPPORTUNITY THAT YOU MIGHT BENEFIT FROM OR AN OPPORTUNITY FOR A LANDLORD TO SECURE AN UNDESERVED INCREASE WHICH CAN BE BACK DATED.

Rent Reviews can provide conflict between Landlord and Tenant, and many tenants don't take advice because they assume the costs of having professional representation will be prohibitive. This is a short term view, and an unprofessional one.  At Pub Innsite we can be instructed on a value for money basis, we can give most people a view on their chances of success very quickly.

The basis of every rent review is identified in the Lease.  You must have a copy to understand how the review is calculated and dealt with.  Many Leases have annual RPI increases, but at review these increases can sometimes be removed.  YES THAT IS CORRECT MANY PUB CO LEASES ALLOW FOR RENTS TO GO DOWN AT RENT REVIEW.

If your Pub Company offers you Nil Increase or a marginal increase, this might be to crystalize the rent at a rate that might be higher than market rent.  Alternatively if a Pub Company lets your rent continue without documenting the review, this could also identify they believe you might be able to achieve a rent reduction.

There is a further reason that a landlord might not want to document a rent review, this is so that when you come to sell your lease, or request a favour from him, he can then use your request as leverage to effect a rent review and secure an unwarranted increase - an ingoing tenant will insist that any outstanding reviews are formerly documented and to ensure it is dealt with quickly, you might well agree to a back dated increase.  PLEASE BE WARNED the short term gain of avoiding Surveyors fees could result in long term pain!

If you would like a no obligation consultation please call us, but have ready: