Industrial Rent Review Increase
04/12/2023
Merrifields Chartered Surveyors were instructed by an institutional client to try and achieve an increase in rent at the review due under the lease.
The property comprised over 20,000 sq ft of prime modern industrial accommodation in Stevenage.
Having represented the landlord on the Estate for many years Paul, our landlord and tenant expert, was able to advise the client as to the best strategy, negotiate with the tenant and secure an increase in rent of over 24%.