Some landlords have optimistic ideas of their premises’ rental values. Some tenants think that landlords should support them by cutting rent below an equitable level. We look at all the factors involved in setting a rent and then present a reasoned argument and evidence to support our view on a fair rent. If the parties cannot agree, the decision is referred to a third party valuer. In some instances, that’s us.
Among our landmark rent reviews are:
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The Slug & Lettuce in Fulham – David Gooderham has reviewed the rent on this property three times. In its time, it’s commanded the highest tied rent in the UK, at £255,000.
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The Rainforest Café in Shaftesbury Avenue – when the landlord proposed a 50 per cent rent increase to well into seven figures, tenants Glendola Leisure asked us to show why that was unreasonable and we brought in an independent expert. The outcome was a four per cent uplift.
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Woodrow Wilson in Carlise – J D Wetherspoon rent this centrally located pub but offered no increase at review. Anthony Alder thought it was worth much more. An independent assessor agreed and the landlord is 26 per cent better off.
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Greene King – last year they were faced with a doubling of the rent on the Exchange Bar in Manchester. Anthony Alder negotiated a token uplift of less than five per cent.
