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Commercial Lease Renewals

Commercial lease renewals are dealt with under the terms of The Landlord and Tenant Act 1954; a potentially challenging piece of legislation for the uninitiated.

We work closely with landlords and tenants of commercial properties when renewing their lease, following a smooth process of inspecting the property, considering the terms of the current or previous lease, assessing the terms likely to be included in negotiations and advising you on suitable terms for the new lease. We culminate our lease renewal service by negotiating the terms, instructing solicitors and seeing the renewal through to completion.

As with all our services, we consistently work transparently with both parties so each understands the terms of their agreement and which responsibilities lie with them.

Again, as with our rent reviews, we have the ability to act as expert witnesses if court proceedings are necessary and we can also advise on interim rents. If a lease is not to be renewed we can advise on dilapidations and the other issues that arise at the end of a lease.

For all your rent review needs, you can contact:

Jon Ablewhite on 01206 505707, or email jon@mrallp.co.uk

Peter Riches on 01206 505709, or email peter@mrallp.co.uk

Our Services

Clients choose to work with our friendly, professional team time and time again because we consistently deliver a quality service that makes their lives easier. Our plain-speaking approach ensures everyone is kept on the same page and that a project can move forward in a timely and cost-effective way.

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Commercial Estate Agency

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Property Management

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Property Valuation

Landlord and Tenant

Building Surveying

Development Consultancy

What people say about working with us

  • "Peter Riches of MRA has managed an industrial property we own for the last 10 years and we have been delighted with the way our business has been handled. We have always found Peter to be very professional in his attitude; he has a good understanding of what we are trying to achieve, listens to our ideas and offers suggestions of his own. The rest of the team at MRA are always polite, friendly and helpful and we highly recommend the company and the services they offer."
    A J Kernahan, Developments Limited
  • "Dudley Smith Partnership has enjoyed a long and positive professional relationship with Morley Riches and Ablewhite. Their broad professional services are delivered with efficiency and they display a practical approach together with proactive client service. Our respective firms have from time to time worked jointly on projects over the years and we are pleased to recommend Morley Riches and Ablewhite when the opportunity arises."
    Dudley Smith Partnership
  • "I have known Peter Riches and indeed some of his staff for many years now.  Our family and I in particular have built a close relationship with Peter, instructing him on numerous occasions for projects, lease renewals, rent reviews etc. and have always found him to be honest, reliable and extremely efficient. Peter will always find a solution to all your property needs and matters – his creative talent, input and valuable knowledge is where he really shines above the rest “bar none”! I would have no hesitation in recommending him or his staff for all your property needs."
    Aaron Taub, Advantage Property Group
  • "Being a local business in Colchester, we seek to establish relationships with local professionals in certain key areas of business. Morley Riches and Ablewhite are a professional friend of Handelsbanken and  understood from a very early stage what we were looking for from their reports. They  have been extremely prompt in their delivery  of valuations and more than happy to discuss all aspects of the property market within our catchment area, which we find very valuable.  Overall a pleasure to deal with."
    Russell Felstead, Handelsbanken
  • "We have acted alongside Peter Riches of Morley Riches and Ablewhite for a number of years for a mutual client which is a major national landowner. Peter is sharp and incisive and a pleasure to deal with and we value the expertise and commitment he brings to transactions. We look forward to continuing to work with Morley Riches and Ablewhite in the future."
    Anthony Alderman, Partner of Bond Dickinson LLP
  • "Morley, Riches & Ablewhite – forgettable name, but seriously unforgettable service! We engaged MRA about 3 years’ ago on recommendation.  We have never regretted it. Good, practical advice on all property aspects, including new leases, professional discussions with existing Landlords and advice generally. At all times the service has been prompt, professional and cost-effective.  Communication skills are first rate and we have confidence in the calibre of MRA’s team and their ability to provide commercial insight and evolve innovative win / win solutions."
    John May, Director, Thompson & Morgan Group Holdings Limited
Get In Touch

Get in touch

Email enquiries@mrallp.co.uk
Telephone 01206 505707

If you’ve got a question about the services we deliver, or would like some advice on how we can support your project, simply get in touch and we’d be more than happy to help.

Alternatively complete the form below for a member of our team to get in touch.

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