We were approached by a firm of solicitors to provide urgent advice to their client who was about to commit to a set of Heads of Terms produced by the landlord in connection with the leasing of around 2,500 sq ft of restaurant space in west London. The client was unfamiliar with leasing in the UK and the Heads of Terms as drafted would have left them very exposed. An inspection of the premises was arranged within 24 hours and a meeting with the landlord held within 48 hours.
On behalf of a tenant within the insurance district of EC3, we have provided advice in relation to an outstanding rent review within their existing lease. The advice given was in relation to a 2019 rent review which hasn't been operated by the landlord. The client wanted to know whether they should make provisions within their budget for an increase and potential backdated rental payments. The preliminary report was provided within a week and the advice given has allowed them
We have been providing strategic and supporting advice to a retail occupier in WC1. The advice given was in relation to a planned relocation and included guidance on appropriate rental levels and key terms of the lease in order to facilitate the tenant negotiating directly with the freeholder. #leasingadvice