Lease Restructuring

Leases are contractual obligations, firmly set in stone and often lasting for several years, and containing old fashion “upward only” rent reviews. Yet businesses constantly evolve, grow or face a change in circumstance, making the original lease terms unsuitable. This does not mean they are incapable of change, should those changes be acceptable to both parties, including seeking a reduction in the contractual rent. If a client has a desire to vary its lease obligations or surrender its lease, we will look at all options to achieve this.

Whatever the issue and however reluctant one side might initially be, we have successfully restructured many leases through creative and original solutions.