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Lease Renewal in London: the Do’s and Don’ts

So you find yourself in a property where your business is booming, it’s strategic for your type of business, or you enjoy the presence of other companies around.

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Lease Renewal in London: the Do’s and Don’ts

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  1. Insert LOGO Lease Renewal in London: the Do’s and Don’ts ALLPPT.com _ Free PowerPoint Templates, Diagrams and Charts

  2. So you find yourself in a property where your business is booming, it’s strategic for your type of business, or you enjoy the presence of other companies around. Logically, what will come to mind is a lease renewal. Don’t jump into a lease renewal in London without looking over these do’s and don’t

  3. What You Should Do; • 1. Create Competition • You have to play one landlord against the other in your lease renewal London. It’s not for you to move nut to let your present landlord know you have options. This will also serve as a safety net in the event your lease renewal London fails.

  4. What You Should Do; • 2. Learn to Keep Your Success Secret • You should expect your landlord to go high against you when the news of your 400% profit for the year is all over the new. If possible, try to keep your profit flow and success news secret for a while.

  5. What You Should Do; • 3. Ask For Lease Renewal Incentives • Look at yourself from the position of a new tenant, what would you have asked for? Use the lease renewal period to ask for incentives from your landlord. Make him see the reasons.

  6. And the Don’ts • 1. Don’t Tie Yourself Down To a Lease Inappropriately • The future of your business should be at the forefront when negotiating a lease renewal in London. For instance, if you are planning to relocate in 5 years, a ten years lease renewal should be thrashed out.

  7. And the Don’ts • 2. Be Cautious About Accepting the First Offer • Your landlord will come with the first offer for a lease renewal London, don’t jump into it and sign it. It should be a basis for your negotiations.

  8. And the Don’ts • 3. Don’t Leave Your Cash Deposit During a Lease Renewal • Over the years, you have proven to be a responsible tenant to the landlord, which is why you should ask for your security deposit before a lease renewal in London.

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