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This area covers negotiating and documenting temporary relief from rent or other concessions within a commercial lease, such as rent-free periods, stepped rents, waivers, or deferrals. A solicitor practising in rent concessions drafts or amends lease terms, negotiates with the landlord or landlord’s solicitor, prepares side letters or deed of amendment, reviews financial covenants, and coordinates with surveyors and valuers. They may also advise on the impact on rent reviews, service charges, and options to terminate or alter covenants if the tenant’s business position changes.
Concessions hinge on the lease form, negotiation with the landlord, and any linked security or documentation. The solicitor handles the drafting of amendment documents, the mechanics of rent relief, and any prerequisites such as guarantors, landlord consent, or mortgagee approvals, ensuring enforceability and clarity of ongoing obligations.
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Tagged solicitor Sophie Newberry
Sophie was prompt to reply to all correspondence and always very professional. She was very proactive in getting a settlement concluded within a tight timeframe
Review left by anonymous
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Value for money
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Tagged solicitor Sue Shaw-Toomey
My Sale & Purchase was a smooth transaction from start to finish. Kirsty and Nicola answered all my questions quickly and were a pleasure to deal with. Great communication very professional. I would recommend Toomey and all their staff, very friendly and helpful in all aspects of the process. 5 stars from me...
Review left by Dawn
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Tagged solicitors Georgianna Kaya and John Rockliff Smart
I used John Smart at Richard Griffiths for the probate and sorting out of my Aunt’s Will. He was professional and helped us to sort out a tricky situation. I found him professional but not distant, easy to communicate with and available when I needed questions answered. I also used Georgianna and team for the conveyancing of the property I was selling. They were efficient and kept everything moving along nicely. Again it was always possible to get hold of someone to answer questions and report on progress. I highly recommend the firm. Everyone has been a pleasure to deal with.
Review left by Victoria