EDWARD CHARLES & PARTNERS
- 1 MARYLEBONE HIGH STREET
W1U 4LZ LONDON
Phone: 020 7009 2300
E-mail: Send messagewww.edwardcharles.co.uk
Short profile:
Advising clients in the acquisition process involves firstly, locating the offices through a variety of databases, contacts and specialist knowledge. We arrange inspections of potentially suitable properties, help clients draw up a short list, negotiate best terms and then work with solicitors. This is more than just a hand-holding exercise - we aim to become the in-house estates department and all the variables of a negotiation are brought in to play – not just the principal financial terms such as the rent and rent free period, but break clauses, ‘cap and collar’ at rent review, service charge caps and many other issues.
Detailed description:
Eagerly awaited by landlords in good times and always a source of great worry to tenants, valuation for rent review is a potential minefield where professional representation is essential.
Assessment of market rental value is rooted in agency. What would the premises let for upon the terms of a hypothetical lease created by the wording of the rent review clause within the lease? A successful rent review surveyor will have first-hand knowledge of the market value of buildings in their area of expertise and the technical ability to assess location, specification and lease terms by comparison with the market evidence. We have the ability to negotiate effectively in the best interest of our client and to present evidence to arbitrators and independent experts in an effective and honest manner.
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