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Rent review!

By ClareP
February 10, 2014 in Request a Tradesperson

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ClareP

Posted February 10, 2014

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Posted February 10, 2014

Dear Fellow Shop owners on Lordship Lane and adjoining roads,

Our three year rent review is due and our landlord has suggested our rent increase by 24%. This seems quite steep to us, especially as we spoke with 3 Chartered Surveyors, two of who are local, and all said that we would have a case for requesting no increase at this time. We need to decide whether to agree to the proposed figure, or thereabouts, or fight it and incur costs of surveyors etc, not to mention the displeasure of the landlord.

My question is whether you have any relevant experience you can share with me, to help me decide what is reasonable, and what the best course of action is to take. If you do, please can you pms me and we can discuss further as necessary. It is urgent as we have been asked to decide by Friday (14th Feb).

Many thanks

Clare

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