Make your lease work harder for you. Lease are typically seen as having fixed terms over the duration of the agreement without any ability to change the terms. Market conditions are such that leases can be renegotiated in a way that is mutually beneficial for both the landlord and the tenant. Removing unwanted breaks, extending the term or altering repair obligations all provide opportunities to renegotiate.
We have extensive experience dealing with complex re-gear opportunities that have produced millions of pounds worth of financial benefits as well as loosened lease restrictions and reduced repair obligations. Ultimately no two circumstances are the same and a free lease health check and initial discussion could help release the hidden value in your lease.
If you have no intention of vacating your existing property at the end of the lease then you should consider whether a regear could produce a financial benefit. You can explore the potential savings without committing to any agreement and we can establish the terms of the regear to allow you to make an informed decision about whether it’s a viable option for you.