Rent Reviews

| Helen Hallsworth

Director Conrad O’Neill handles all rent review work at Canning O’Neill and acts for both landlords and tenants. Conrad’s principal role as an Office Agent gives him unrivalled market knowledge and insight into the key factors involved in the analysis of comparable evidence and interpretation of rent review clauses.

Understanding the correct interpretation of rent review wording is a key factor in successfully negotiating rent reviews but understanding the background to the lettings that make up the comparable evidence is also vitally important. Conrad’s first hand agency experience often gives him the advantage in negotiations. Conrad has recently advised on rent reviews in Edinburgh and Luton, in each case acting on behalf of the tenant and securing significant reductions from the landlord’s quoted rental. He has recently secured a 38% increase in rent acting for the Landlord on an office rent review at Exchange Quay, whilst at the same time securing a “nil increase” result on behalf of the same client but this time as tenant of a multi-storey car park in the same scheme!

If you require assistance with a rent review, whether you are a landlord or a tenant, please contact Conrad O’Neill on 0161 244 5500.