There are opportunities to re-negotiate leases to improve terms and potentially create substantial financial savings either as reduced rent, a rent free period, a capital contribution or service charge caps.
Impending lease ends or tenant break options often represent an opportunity to open discussions with Landlords whose asset value could be weakened due to uncertainty attached to a future lease end / tenant break option.
Dropping a future break option and / or agreeing a lease extension can add value to the Landlords investment – and an occupier can often share in this added ‘marriage value’.
As Square Foot understand how such adjustments can establish extra value, we are able to negotiate financially attractive new lease structures for clients.
