Rent Review in Commercial Leases - Key Tips for Advisers
Introduction
Rent review provisions may seem a dry subject but are a key clause in any commercial lease for any landlord seeking investment return. For a tenant, the rent may well be the most significant outgoing for their business, so the level of potential increases is of vital importance.
Turnover rents remain a significant feature of the UK retail leasing landscape and, since the pandemic, their popularity has persisted, adapting to the evolving retail environment. However, these can be tricky to get right and errors in the drafting of Indexed rent reviews have led to much litigation.
This webinar will explain the types of rent review and look at drafting tips and traps on each.
What You Will Learn
This webinar will cover the following:
- Types of rent review - a roundup
- Indexed/RPI/CPI - drafting tips and traps. Weapons of maths destruction - errors in indexation
- Turnover rents. Key points to watch out for and how to work with the client and their surveyor or accountant to result in a workable outcome
- RICS market value
- The essential concepts of 'assumptions and disregards' and their impact on practical situations - improvements, breaches of covenant, determination by experts, etc
This pre-recorded webinar will be available to view from Wednesday 10th September 2025
Alternatively, you can gain access to this webinar and 1,800+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.