CVS Commercial Valuers and Surveyors

There are a number of steps a tenant of commercial property can take in order to negotiate fair terms in a lease. CVS Commercial Valuers and Surveyors know the ins and outs of the legislation and case law surrounding landlord-tenant relations in the commercial context, and can help tenants with these negotiations. For example, one area CVS offers advice in is preparing a Schedule of Condition. This is a document that protects the tenant by creating a record of any defects or issues with the property that existed prior to the commencement of the lease. This document is helpful in protecting the tenant in the event the landlord attempts to serve a Schedule of Dilapidations in order to request repairs during the lease term. The tenant is protected from having to repair pre-existing conditions and therefore saves significant time, money, and potential litigation costs in the event a dispute arises.

For tenants who already have a lease in place that is expiring soon, another area where CVS Commercial Valuers and Surveyors can help is in negotiating a renewal. There are statutory requirements detailed by the Landlord & Tenant Act of 1954 that must be followed, including timetables and other necessities. A number of tactics can be utilised in ensuring a good deal for the tenant, and the experienced Chartered Surveyors at CVS know the current market conditions and work diligently with solicitors to ensure a smooth and fair renewal process. If needed, CVS can also pursue action via the Court or PACT when new lease terms are not possible through negotiation.

Rent renewals are another area that CVS Commercial Valuers and Surveyors can help save their clients money. It starts with a careful review of the lease terms for an appropriate interpretation, followed by using skilled negotiation tactics that consider present market conditions for comparable commercial properties. CVS knows the ins and outs of rent review processes, including the requirements for timing notices and the relevant case law governing reviews. When negotiations prove ineffective, CVS Surveyors are also qualified to act as Expert Witnesses before Arbitrators and Independent Experts. They can also help with the lease re-gearing process to help tenants reduce costs and increase their flexibility within a certain property. In each of these ways, CVS helps tenants get the most out of their bu