Rent Review: Morley Riches & Ablewhite secure excellent result for client

Rent Review: Morley Riches & Ablewhite secure excellent result for client
26th July 2016 MorleyRichesAblewhite
rent review
In Uncategorised

Morley Riches & Ablewhite have negotiated a successful rent review resulting in a significant rental increase for a long standing client of their asset in Pitsea, Essex.

The asset comprised a bank in Pitsea with an office and residential element above and had a rent review date of July 2016.

Through careful negotiation and strategic thinking, an increase in rent of 31.24% was achieved – ahead of the rent review date-, securing the client an additional £60,000 over the next 5 years.

If you have a rent review which you would like to discuss please do not hesitate to get in contact with the team.

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Email enquiries@mrallp.co.uk
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