Knowledge is Power: Lease Renewal at Bedford Business Centre, Bedford

July 04, 2022

Bedford Business Centre - 5,000 sq ft office building

Overview

Kirkby Diamond were instructed by the landlord to negotiate lease renewal terms with the existing tenant.

Result

Being the most active agent in Bedfordshire since 2013, we have a wealth of evidence to call upon at times of negotiation with both landlord and tenants. Our lease advisory surveyors were able to work closely with the agency surveyors based in our Bedford office to present the best and most relevant comparable evidence to the tenant.

An equitable and justified rent was agreed and a new 5 year lease completed. By communicating respectively with the tenant, the surveyors working on this case were able to maintain a healthy landlord and tenant relationship whilst achieving the right result for their client.

Collaboration between Agency and Valuation departments yields results

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Knowledge is Power: Lease Renewal at Bedford Business Centre, Bedford