Case Study: Pinsent Mason

Pinsent Mason office building in Leeds
Published on: 10th September 2014

Sanderson Weatherall LLP was appointed to act on behalf of Pinsent Mason LLP in respect of the head lease rent of their 79,000 sq ft office building in Leeds (Passing rent £1,666,750 pa).

The landlord had notified Pinsent Mason that he was seeking a revised rent. As a result of Sanderson Weatherall expertise and market knowledge the rent was finally Awarded at £1,645,000 pa following negotiations and an Arbitration process, with all Pinsent Masons costs been met by the landlord as well.

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Sanderson Weatherall’s Lease Consultancy team are leaders in the field. We are expert negotiators in rent and lease terms for all forms of commercial properties across the UK. Our knowledge of the property market and experience in dealing with complex tenancy agreements allows us to deliver top results for you, no matter how big or small your business is. Our understanding of business and people also means we’ll work with you to achieve the best result, without damaging your relationship with your landlord or tenant. The Lease Consultancy team are able to offer: Lease Audits We will analyse your leases and identify, critical dates and liabilities leading to the creation of a comprehensive lease database. This will simplify your processes and avoid key dates and obligations being overlooked. Lease Renewals & Restructuring We will undertake a strategic review and inspection of your property portfolio and identify opportunities to rationalise or restructure leases, and reduce your costs by reviewing future lease events and potential liabilities. Rent Reviews We act on your behalf on the negotiation of rent and lease terms to obtain the best possible outcome. Dispute Resolution Our highly experienced lease consultancy team will represent you at Court and Arbitration and have a wealth of experience in the preparation of Expert Report and Replies to Independent Experts and Arbitrators. Members of the team are also frequently appointed by the RICS to act as arbitrators, Independent Experts and Mediators. Strategic Property Due Diligence Advice We provide detailed rental advice if you are considering acquiring property or businesses with existing leasehold liabilities. Contact Us

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