Insights

Factoring your Fitout into Lease Negotiations

Lease negotiations for new business premises are complex, after negotiating rent, term, break clauses and rent reviews, the fit-out and other alterations are often side-lined until after the lease is agreed; at this point the leverage is gone.

Getting early fit-out advice before execution of the lease allows an in-coming tenant to fully engage in lease negotiations factoring in the time, cost and any works they want the landlord to carry out while they have the leverage. This approach also saves time in getting Contractors on site to carry out the works ready for the tenant’s occupation.

Often we come across Client’s who execute a lease and then realise belatedly that fit-out works take longer to design and procure than originally thought and that they require the landlord to upgrade building services or make changes to the access arrangements. Dealing with these issues causes costly delays and without the urgency of the landlord to accommodate them.

We can assist clients in all aspects of lease negotiations from commercial to technical matters.

Project Planning, appointing and managing the professional team on all types of real estate projects is at the forefront of Doyen Land’s services

If you feel these services would benefit your organisation, please get in touch

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