Andrew O’Dowd has recently successfully concluded the rent review on behalf of the owners of a popular public house in the centre of Lincoln.
The clients instructed AOD-Property in March of this year to investigate the circumstances surrounding the rent review due this year on the lease to a Major National Brewery. Those investigations suggested that the level of the rent was indeed insufficient and should be increased substantially, despite the recession of the last five years.
Andrew said “It was clearly time for me to go to work on this, so I amassed a body of evidence to prove my opinion. Using negotiation tactics with the tenant’s representatives I proved the rent should be increased. Clearly those arguments, were taken on board, and without the need to go to third party, the matter was then agreed in record time.”
AOD-Property offers an unparalleled service to both Landlords and Tenants when negotiating rent reviews and lease renewals. The Owners and Landlords of the Public House, both said that they are delighted with the work that has been done by Andrew, in record time too. “As a result of this review, we have literally seen the value of our investment rise by over 55%.”
This fantastic rise in rent, on review, is something which has surprised many, despite the recessionary effects of the wider economy.
On conclusion Andrew’s Clients said “Thank you for your assistance in this rent review. Ash and I have both been impressed with your professionalism, drive and enthusiasm throughout
our dealings and you have managed to bring the rent review to a successful conclusion. You have our thanks and gratitude.”
If any one would like to know more about the rent review services offered by AOD-Property, then please give Andrew a call on 07563 790 328.