We provide advice and solutions to both tenants and landlords based on our extensive knowledge, diverse services and regional expertise.
We offer a comprehensive service providing clients with up to date valuation advice on all types of commercial property.
Our Surveyors offer a full Valuation service for all types of commercial property and are all Certified as RICS Valuers. Existing clients include high street banks, property companies, local authorities and private individuals.
Our core Valuation business includes:
We negotiate rent reviews on behalf of both Landlords and Tenants providing considered advice on the effect on rent of lease terms, improvements, service charge requirements and dilapidations liabilities.
Whether you are a Landlord or a Tenant we will be able to advise you and negotiate the best rent possible. Prior to any negotiations we will provide unbiased advice on the likely outcome. We ensure that each rent review is thoroughly researched and as Chartered Surveyors we have an expert knowledge of the latest case law.
Our approach ensures we closely monitor current market trends, Royal Institution of Chartered Surveyors’ guidelines and all the latest case law and legislation.
In an uncertain economy, the expiry of a business lease provides an opportunity to both landlord and tenant.
Commercial tenancies in England and Wales are protected by the Landlord and Tenant Act 1954, Part II which provide security of tenure to the tenant with rights to a new lease on the same terms as the old, except for rent which will be negotiated to open market value at the date of renewal. This assumes that lease terms have been adhered to and that the landlord does not wish to redevelop or occupy the premises for their own business.
As shorter commercial leases are becoming more and more popular many tenancies are contracted out of the Act with the effect that the granting of a new lease is not guaranteed. This means that all lease terms will be negotiable and not just the rent.
Wadham & Isherwood offer Lease Renewal advice to both Landlords and Tenants and to ensure the best possible outcome we recommend that advice is sought early.
If you would like to discuss an upcoming lease renewal please contact one of our experienced team.
A full Rating service is available including advice on appeals, on rates liability and negotiations with the valuation office.
Our team has experience in dealing with the following property types:
Our Planning Consultancy team can provide you with a range of expert local advice.
Navigating the planning system is an area which often provides thorny challenge and the Government is not making things easier with the introduction of substantial changes at local level.
We offer a friendly, professional and practical approach to helping you get the best out of your property.
Our services include:
We have a network of hand picked, tried and trusted independent building surveyors with whom we work regularly.
Our advice includes:
This recently introduced regulation now makes it illegal to market a commercial property for sale or rental without first having an EPC in place. This includes tenants who wish to assign their lease.
It is important to ensure that your EPC assessor is accredited by a recognised and reputable establishment such as BRE or CIBSE.
It is easy for an assessor to produce an EPC based on default values for compliance purposes only. The result is usually an inaccurate EPC rating which is of no real value in benchmarking a building’s actual efficiency or offering recommendations for improvements.
Worse, an inaccurate EPC could come back to haunt a landlord at future rent reviews. For example, if as is predicted a tiered market develops with tenants paying a premium for energy efficient buildings, a property with a poor rating may well be down-valued. Any improvements made to the energy efficiency of a building post-EPC by a tenant, could in theory be disregarded at future rent reviews.
Wadham & Isherwood have teamed up with BRE level 4 accredited assessors who use the latest technology and software to ensure that the EPC is as accurate as possible.