Drawing on our expertise and industry knowledge, we give practical and sound guidance and advice on leasehold property related matters, including property rent reviews, lease renewals and lease restructures across the commercial, office and industrial sector
We ensure we properly understand our clients need and use the combined experience, of PACT and our clients, to arrive at cost effective solutions.
Whether you are looking to buy, enter a lease, develop or change your property we will be with you throughout the process to ensure that your vision is realised.
Specialist service for business recovery professionals
We provide cost effective lease reviews for IPs and turnaround professionals to establish the value, if any, of leases held by insolvent companies or those seeking corporate voluntary arrangements (CVA’s). Where appropriate we will carry out an inspection of the property, alternatively we can undertake a ‘desk-top’ assessment from information supplied.
When businesses are changing, their property should change with them. Lease reviewing and restructuring can be a great initiative for unlocking value for clients whether by negotiation or through a lease clause event such as a scheduled rent review, break clause or lease renewal.
Landlord and Tenant
In some instances Tenants can receive incentives where the Landlords investment value is improved. Mutual benefits to the relationship can be negotiated, such as the deletion of a break clause to extend the term or changing restrictive user clauses to alter the rent or release an opportunity back to the Landlord.
We seek to work with other local agents to understand current rents in the immediate and wider area to gather appropriate knowledge to allow us to have sensible and accurate negotiations with the Landlord or their agent.
Rent Holiday – It’s wise to be thorough
We cannot be sure what the market will do post COVID-19 and the cost of having vacant property, including security costs, can be very high - In this article Patrick Downes outlines Rent 'Holiday' considerations
It's been great to have Patrick on our team and to leave him to sort out our property issues giving us peace of mind and he delivered the right solutions