Rent review - Revision history

Designing Buildings at 07:33, 24 November 2020

2020-11-24T07:33:45Z

← Older revision		Revision as of 07:33, 24 November 2020
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	* Service charge.		* Service charge.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]]

Designing Buildings at 14:11, 4 February 2020

2020-02-04T14:11:00Z

← Older revision		Revision as of 14:11, 4 February 2020
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	This is one of many reasons why, for many years, commercial property has been such an attractive prospect for investors. With a financially sound tenant in occupation, there is clear visibility of income for years ahead with no risk of reduction until the lease comes to the end of its term, or is ended by virtue of the exercise of a 'break clause'.		This is one of many reasons why, for many years, commercial property has been such an attractive prospect for investors. With a financially sound tenant in occupation, there is clear visibility of income for years ahead with no risk of reduction until the lease comes to the end of its term, or is ended by virtue of the exercise of a 'break clause'.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Break clauses.		* Break clauses.

Editor at 14:31, 5 May 2017

2017-05-05T14:31:02Z

← Older revision		Revision as of 14:31, 5 May 2017
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−
	Virtually all commercial leases issued in the U.K. will contain a provision allowing the landlord to periodically adjust the rent payable by the tenant.		Virtually all commercial leases issued in the U.K. will contain a provision allowing the landlord to periodically adjust the rent payable by the tenant.

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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*Break clauses.	+
−	*Dilapidations.	+	* Break clauses.
−	*Ground rent.	+	* Dilapidations.
−	*Landlord.	+	* Ground rent.
−	*Lease negotiations.	+	* Landlord.
−	*Rent free period.	+	* Lease negotiations.
−	*Sample retail unit lease.	+	* Penal contractual terms.
−	*Service charge.	+	* Rent free period.
		+	* Sample retail unit lease.
		+	* Service charge.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Editor at 11:15, 25 November 2015

2015-11-25T11:15:19Z

← Older revision		Revision as of 11:15, 25 November 2015
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	*Dilapidations.		*Dilapidations.
	*Ground rent.		*Ground rent.
		+	*Landlord.
	*Lease negotiations.		*Lease negotiations.
	*Rent free period.		*Rent free period.

Designing Buildings at 08:50, 25 November 2015

2015-11-25T08:50:28Z

← Older revision		Revision as of 08:50, 25 November 2015
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−	Virtually all commercial leases issued in the U.K. will contain a provision ~~whereby~~ the landlord ~~may~~ periodically adjust the rent payable by the tenant.	+	Virtually all commercial leases issued in the U.K. will contain a provision allowing the landlord to periodically adjust the rent payable by the tenant.

	This rent review clause represents a significant safeguard for the landlord as it enables them to adjust the rent to reflect current market conditions. Many leases are granted for considerable periods of time and without a rent review clause, the rent payable could fall significantly behind levels prevailing in the market at any particular point in time. And, of course, inflation erodes value over time.		This rent review clause represents a significant safeguard for the landlord as it enables them to adjust the rent to reflect current market conditions. Many leases are granted for considerable periods of time and without a rent review clause, the rent payable could fall significantly behind levels prevailing in the market at any particular point in time. And, of course, inflation erodes value over time.

Designing Buildings at 08:49, 25 November 2015

2015-11-25T08:49:59Z

← Older revision		Revision as of 08:49, 25 November 2015
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	Virtually all commercial leases issued in the U.K. will contain a provision whereby the landlord may periodically adjust the rent payable by the tenant.		Virtually all commercial leases issued in the U.K. will contain a provision whereby the landlord may periodically adjust the rent payable by the tenant.

−	This rent review clause represents a significant safeguard for the landlord as it enables ~~him or her~~ to adjust the rent to reflect current market conditions. Many leases are granted for considerable periods of time and without a rent review clause, the rent payable could fall significantly behind levels prevailing in the market at any particular point in time. And, of course, inflation erodes value over time.	+	This rent review clause represents a significant safeguard for the landlord as it enables them to adjust the rent to reflect current market conditions. Many leases are granted for considerable periods of time and without a rent review clause, the rent payable could fall significantly behind levels prevailing in the market at any particular point in time. And, of course, inflation erodes value over time.

−	Even more significant than the existence of the clause itself is the fact that these clauses provide for ~~“upwards~~ – ~~only”~~ reviews. Should general market rents be lower, the tenant will not benefit as the rent will be unchanged – not reduced.	+	Even more significant than the existence of the clause itself is the fact that these clauses provide for 'upwards – only' reviews. Should general market rents be lower, the tenant will not benefit as the rent will be unchanged – not reduced.

−	This is one of many reasons why, for many years, commercial property has been such an attractive prospect for investors. With a financially sound tenant in occupation, there is clear visibility of income for years ahead with no risk of reduction until the lease comes to the end of its term, or is ended by virtue of the exercise of a ~~“break clause”~~	+	This is one of many reasons why, for many years, commercial property has been such an attractive prospect for investors. With a financially sound tenant in occupation, there is clear visibility of income for years ahead with no risk of reduction until the lease comes to the end of its term, or is ended by virtue of the exercise of a 'break clause'.

	= Find out more =		= Find out more =

Designing Buildings at 07:40, 3 September 2014

2014-09-03T07:40:58Z

← Older revision		Revision as of 07:40, 3 September 2014
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	*Break clauses.		*Break clauses.
	*Dilapidations.		*Dilapidations.
		+	*Ground rent.
	*Lease negotiations.		*Lease negotiations.
	*Rent free period.		*Rent free period.

Designing Buildings at 10:12, 2 September 2014

2014-09-02T10:12:44Z

← Older revision		Revision as of 10:12, 2 September 2014
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	*Rent free period.		*Rent free period.
	*Sample retail unit lease.		*Sample retail unit lease.
		+	*Service charge.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings at 15:47, 7 May 2014

2014-05-07T15:47:09Z

← Older revision		Revision as of 15:47, 7 May 2014
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
	*Break clauses.		*Break clauses.
		+	*Dilapidations.
	*Lease negotiations.		*Lease negotiations.
	*Rent free period.		*Rent free period.

Designing Buildings at 10:49, 6 May 2014

2014-05-06T10:49:44Z

← Older revision		Revision as of 10:49, 6 May 2014
Line 12:		Line 12:
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
	*Break clauses.		*Break clauses.
		+	*Lease negotiations.
	*Rent free period.		*Rent free period.
		+	*Sample retail unit lease.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]