--- title: Lorenz Consultancy Blog | Lease Expiry description: Lease Expiry | --- - [Services](https://www.lorenzconsultancy.com/services/) - [All Services](https://www.lorenzconsultancy.com/services/) - [Lettings/Sales](https://www.lorenzconsultancy.com/services/agency-disposal/) - [Property Acquisitions](https://www.lorenzconsultancy.com/services/office-lettings/) - [Rent Review](https://www.lorenzconsultancy.com/services/rent-review/) - [Lease Renewal](https://www.lorenzconsultancy.com/services/lease-renewal/) - [Dilapidations](https://www.lorenzconsultancy.com/services/dilapidations/) - [Serviced Offices](https://www.lorenzconsultancy.com/services/serviced-offices/) - [Property Search](https://www.lorenzconsultancy.com/property-search/) - [Commercial Property](https://www.lorenzconsultancy.com/property-search/) - [London Villages](https://www.lorenzconsultancy.com/about/london-villages/) - [Clients](https://www.lorenzconsultancy.com/clients/) - [About](https://www.lorenzconsultancy.com/about/) - [Company](https://www.lorenzconsultancy.com/about/) - [Our Team](https://www.lorenzconsultancy.com/about/our-team/) - [Resources](https://www.lorenzconsultancy.com/resources/) - [Downloads](https://www.lorenzconsultancy.com/resources/) - [Space Calculator](https://www.lorenzconsultancy.com/space-calculator/) - [News](https://blog.lorenzconsultancy.com/) - [Contact](https://www.lorenzconsultancy.com/contact/) # Latest News Find out what's been happening at Lorenz Consultancy. [All](https://blog.lorenzconsultancy.com/topic/lease-expiry#cat--all) [Advice](https://blog.lorenzconsultancy.com/topic/lease-expiry#cat--advice) [Blog](https://blog.lorenzconsultancy.com/topic/lease-expiry#cat--blog) [Deals](https://blog.lorenzconsultancy.com/topic/lease-expiry#cat--deals) [News](https://blog.lorenzconsultancy.com/topic/lease-expiry#cat--news) ### [![](https://blog.lorenzconsultancy.com/hubfs/helloquence-OQMZwNd3ThU-unsplash.jpg) When is an Outside The Act Lease "Inside The Act"? The 1954 Landlord and Tenant Act gave Tenants the rights, whose Leases Expire, the ability to renew at market rental terms. Read article](https://blog.lorenzconsultancy.com/when-outside-the-act-is-inside-the-act-1) ### [![Market Rent Guide 2019](https://blog.lorenzconsultancy.com/hubfs/Market%20Rent%20Guide%202019.png) TLC Market Rent Guide Looking for offices? Download our Market Rent Guide to see the approximate minimum to maximum rent that you should be budgeting for in each area of London. Read article](https://blog.lorenzconsultancy.com/tlc-market-rent-guide) ### [![Tenants Rights](https://blog.lorenzconsultancy.com/hubfs/shutterstock_735375601.jpg) What are your rights when a Landlord intends to redevelop? A Landlord can only oppose a renewal on certain limited grounds, set out in Section 30 of The Landlord & Tenant Act 1954. One of those grounds is where the Landlord wishes to redevelop the property. A development in case law means that Landlords must now prove their intention to redevelop to the satisfaction of the Court. Read article](https://blog.lorenzconsultancy.com/what-are-your-rights-when-a-landlord-intends-to-redevelop) ### [![The Supreme Court](https://blog.lorenzconsultancy.com/hubfs/shutterstock_529658371.jpg) Understanding the Case of S Frances LTD V the Cavendish Hotel (London) LTD The Supreme Court decision urging more Tenants to question the credibility of their Landlord’s intentions to redevelop and changing the way we interpret the Landlord and Tenant Act 1954 Read article](https://blog.lorenzconsultancy.com/understanding-the-s-frances-ltd-v-the-cavendish-hotel-london-limited-case) ### [![Annual Review News Page Square](https://blog.lorenzconsultancy.com/hubfs/Annual%20Review%20News%20Page%20Square.png) Looking Back on 2018 - the Lorenz Consultancy's Year in Review Despite Brexit, the Commercial Property market in Central London held up unbelievably in 2018, and proved a very successful and transformative year for The Lorenz Consultancy. Our Agency Department were involved in acquisitions and disposals, on a rent roll of £7.5 million per year, and our Professional Department were involved in £13 million worth of rental transactions, on a total area of some 175,000 sq ft. Read article](https://blog.lorenzconsultancy.com/looking-back-on-2018-the-lorenz-consultancys-year-in-review) ### [![72 BroadwicK Street2](https://blog.lorenzconsultancy.com/hubfs/72%20BroadwicK%20Street2.jpg) HEARST HEADQUARTERS EXIT SUCCESS We were flattered to be appointed to handle exit dilapidations for Hearst Magazines on their UK Headquarters in Broadwick Street, Soho, where the Landlord quoted a 7 figure amount. Read article](https://blog.lorenzconsultancy.com/hearst-headquarters-exit-success) ### [![image](https://blog.lorenzconsultancy.com/hubfs/image.png) LONG STANDING TENANT LEASE SURRENDERED FOR VACANT POSSESSION TO DEVELOP Engineering Management Services had been in occupation of the self-contained ground and mezzanine floor for a substantial period, and were introduced to us when it was apparent they would need to relocate in time with the expiry of their lease in November 2018 Read article](https://blog.lorenzconsultancy.com/long-standing-tenant-lease-surrendered-for-vacant-possession-to-develop) ### [![Grove Crescent Road, Stratford (1)-1](https://blog.lorenzconsultancy.com/hubfs/Grove%20Crescent%20Road%2c%20Stratford%20(1)-1.jpg) ENGINEERING CO RELOCATE FROM CLERKENWELL TO 2,566 SQ FT STRATFORD OFFICE Whilst handling the early surrender of their lease on Vine Hill, we were urgently searching for accommodation for an inevitable relocation, where our Client entered into a flexible new lease Read article](https://blog.lorenzconsultancy.com/engineering-co-relocate-from-clerkenwell-to-2566-sq-ft-stratford-office) ### [![i-love-this-little-cafe](https://blog.lorenzconsultancy.com/hubfs/i-love-this-little-cafe.jpg) NEW LEASE GRANTED TO FIZTROVIA COCKTAIL VENUE The existing Tenant was not trading satisfactory, and wanted to terminate their lease early. We sourced a new Tenant and a new lease was granted in line with a simultaneous surrender of the existing lease. Read article](https://blog.lorenzconsultancy.com/new-lease-granted-to-fiztrovia-cocktail-venue) ### [![125 fulham road](https://blog.lorenzconsultancy.com/hubfs/125%20fulham%20road.jpg) FULHAM ROAD RETAIL UNIT LET TO HAIR SALON Having handled all lettings and lease negotiations on the parade for the past 6 years, an existing tenant, Leto Café, wished to exit the premises early. We marketed the unit on a new lease, which led to a letting to Gregni London, at a rent of £85,000 pax. Read article](https://blog.lorenzconsultancy.com/fulham-road-retail-unit-let-to-hair-salon) ### [![55 bishopsgate2](https://blog.lorenzconsultancy.com/hubfs/55%20bishopsgate2.jpg) 1,500 SQ FT CITY PENTHOUSE OFFICE LET TO FINANCE COMPANY The Lorenz Consultancy were instructed to market part of the floor, comprising 1,500 sq ft fitted accommodation, and after a relatively short marketing campaign, a subtenant was secured for a term of 2 years. Read article](https://blog.lorenzconsultancy.com/1500-sq-ft-city-penthouse-office-let-to-finance-company) ### [![shutterstock_293583077 (1).jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_293583077%20(1).jpg) How can a lease end? The appropriate method of termination depends on whether the lease has the protection of the Landlord and Tenant Act 1954, which party wants to bring it to an end, whether the lease is coming to its contractual end or one party wants to get out of it early, and whether the tenant is in breach of any of the lease terms. Read article](https://blog.lorenzconsultancy.com/how-can-a-lease-end) ### [![shutterstock_153875747 (2).jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_153875747%20(2).jpg) What to do when there is no Schedule of Condition In Dem-Master Demolition Ltd v Healthcare environmental services Ltd \[2017\] CSOH 14 the Outer House of the Court of Session considered the interpretation of the repairing clause in a commercial lease which referred to a photographic schedule of condition but the schedule of condition had never been prepared. Read article](https://blog.lorenzconsultancy.com/what-to-do-when-there-is-no-schedule-of-condition) ### [![11 Princelet Street-066615-edited.jpg](https://blog.lorenzconsultancy.com/hubfs/11%20Princelet%20Street-066615-edited.jpg) Passfort take new space in Princelet Street We were retained by Passfort, who were occupying serviced office space in SE1, to find them suitable premises when they needed better value conventional space. Read article](https://blog.lorenzconsultancy.com/1525-sq-ft-media-style-office-acquired-for-well-funded-tech-company) ### [![google_16-1920x1280-copy-1024x683.jpg](https://blog.lorenzconsultancy.com/hubfs/google_16-1920x1280-copy-1024x683.jpg) Technology is changing the economic landscape but the question is why new technology is having a greater impact on property than political change It's no secret that technological change is redefining the current economic landscape. Why are technological advances influencing the property market more than politics? Read article](https://blog.lorenzconsultancy.com/technology-is-changing-the-economic-landscape-but-the-question-is-why-new-technology-is-having-a-greater-impact-on-property-than-political-change) ### [![image (45).png](https://blog.lorenzconsultancy.com/hubfs/image%20(45).png) 2,321 SQ FT OFFICE ACQUIRED FOR ESTABLISHED MARITIME LAW FIRM We were retained by Jackson Parton Solicitors, to source suitable office space for relocation, driven by lease expiry. Read article](https://blog.lorenzconsultancy.com/2321-sq-ft-office-acquired-for-established-maritime-law-firm) ### [![Golden-Nuggett](https://blog.lorenzconsultancy.com/hubfs/Golden-Nuggett.jpg) THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE Read article](https://blog.lorenzconsultancy.com/the-house-wins-the-golden-nugget-september-2015-rent-review-settled-at-no-increase) ### [![Screenshot-2017-11-23-16.21.39.png](https://blog.lorenzconsultancy.com/hubfs/Screenshot-2017-11-23-16.21.39.png) LONDON COMMERCIAL PROPERTY SECTOR SET TO SEE RECORD INVESTMENT DESPITE BREXIT Latest figures show that the uncertainty surrounding Brexit negotiations is not having impact on the London’s Commercial Property sector Read article](https://blog.lorenzconsultancy.com/london-commercial-property-sector-set-to-see-record-investment-despite-brexit) ### [![shutterstock_747938875-2-300x300.png](https://blog.lorenzconsultancy.com/hubfs/shutterstock_747938875-2-300x300.png) London has been named the top European economic city, making the UK the most attractive country for employers The UK has been dubbed the most attractive country for employers and staff, with London retaining its crown as the top European economic city, according to a new report. Read article](https://blog.lorenzconsultancy.com/london-has-been-named-the-top-european-economic-city-making-the-uk-the-most-attractive-country-for-employers) ### [![7-8.jpg](https://blog.lorenzconsultancy.com/hubfs/7-8.jpg) 1,504 SQ FT MAYFAIR OFFICE LET TO PROPERTY CONSULTANTS Fawcett Mead instructed us to handle the renewal negotiations at their offices in Great Portland Street, whilst simultaneously searching for suitable premises to relocate. Read article](https://blog.lorenzconsultancy.com/1504-sq-ft-mayfair-office-let-to-property-consultants) ### [![River Brent Business Park.jpg](https://blog.lorenzconsultancy.com/hubfs/River%20Brent%20Business%20Park.jpg) 40,000 SQ FT INDUSTRIAL PREMISES ACQUIRED FOR INTERIOR DESIGN / FURNITURE COMPANY A friend of the firm asked us to handle the negotiations of 3 industrial units, comprising 40,000 sq ft in West London. Read article](https://blog.lorenzconsultancy.com/40000-sq-ft-industrial-premises-acquired-for-interior-design-/-furniture-company) ### [![shutterstock_648384589.jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_648384589.jpg) Rent Review Checklist Over 10% of Rent Reviews will have to go all the way to Expert or Arbitrated Determination by the end of 2018, so it's important that Tenants are prepared. Read article](https://blog.lorenzconsultancy.com/rent-review-checklist) ### [![179 Tottenham Court Road.png](https://blog.lorenzconsultancy.com/hubfs/179%20Tottenham%20Court%20Road.png) 1,076 SQ FT FITZROVIA OFFICE FLOOR LET TO FIRM OF ACCOUNTANTS The Lorenz Consultancy have managed the parade of offices on Tottenham Court Road on behalf of Lazari Investments Ltd for many years. Read article](https://blog.lorenzconsultancy.com/1458-sq-ft-top-quality-showroom-office-space-let-to-design-company-0) ### [1,458 SQ FT TOP QUALITY SHOWROOM / OFFICE SPACE LET TO DESIGN COMPANY Jo Cowen Architects instructed us to source and secure a new premises, to accommodate urgent expansion requirements. Read article](https://blog.lorenzconsultancy.com/1458-sq-ft-top-quality-showroom-office-space-let-to-design-company) ### [![old union yard arches.jpg](https://blog.lorenzconsultancy.com/hubfs/old%20union%20yard%20arches.jpg) Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches Read article](https://blog.lorenzconsultancy.com/creative-marketing-co-complete-new-lease-on-2209-sq-ft-self-contained-ground-and-mezzanine-office-arches) ### [![25 old burlington street.png](https://blog.lorenzconsultancy.com/hubfs/25%20old%20burlington%20street.png) 3,472 sq ft Mayfair office acquired by way of assignment of existing lease for fast growing Tech Co 3,472 sq ft Mayfair office acquired by way of assignment of existing lease for fast growing Tech Company Read article](https://blog.lorenzconsultancy.com/3472-sq-ft-mayfair-office-acquired-by-way-of-assignment-of-existing-lease-for-fast-growing-tech-co) ### [![127 fulham road.png](https://blog.lorenzconsultancy.com/hubfs/127%20fulham%20road.png) GALLERY YACOU, 127 FULHAM ROAD SW3 Early surrender negotiated with the existing Tenant at 127 Fulham Road, and granted a new lease to an established Auctioneer. Read article](https://blog.lorenzconsultancy.com/gallery-yacou-127-fulham-road-sw3) ### [![Rent Review Guide Square2.png](https://blog.lorenzconsultancy.com/hubfs/Rent%20Review%20Guide%20Square2.png) TLC GUIDE TO COMMERCIAL RENT REVIEWS Download our Commercial Guide to Rent Reviews. Get informed, get expert help, and get ready for the toughest market ever. What to do and how to get expert help. Read article](https://blog.lorenzconsultancy.com/tlc-guide-to-commercial-rent-reviews) ### [![e3a87e954df8af58f93e9cb619d4c035.png](https://blog.lorenzconsultancy.com/hubfs/e3a87e954df8af58f93e9cb619d4c035.png) 3,800 SQ FT FORMER 1ST FLOOR SHOWROOM RETAIL SPACE ACQUIRED FOR ARCHITECTS – FURNITURE AND ARTS BUILDING The acquisition concluded an extremely successful campaign on behalf of Jo Cowan Architects, in which we simultaneously disposed of their old offices at 184 New Kings Road, whilst acquiring the space at The Furniture and Arts building, 533 Kings Road comprising some 3,800 sq ft. Read article](https://blog.lorenzconsultancy.com/3800-sq-ft-former-1st-floor-showroom-retail-space-acquired-for-architects-furniture-and-arts-building) ### [![shutterstock_495521482 (1).png](https://blog.lorenzconsultancy.com/hubfs/shutterstock_495521482%20(1).png) Is Brexit uncertainty creating a window of opportunity? According to propertyWeek.com, 41% of Tenants favour a short lease in view of the uncertainty of a hard or soft Brexit, or no Brexit at all.  Here's our advice. Read article](https://blog.lorenzconsultancy.com/is-brexit-uncertainty-creating-a-window-of-opportunity) ### [![BuildingPhoto.png](https://blog.lorenzconsultancy.com/hubfs/BuildingPhoto.png) Off-market Prime Brompton Cross Retail Unit Let to Established Auctioneers We have handled a number of retail lettings along the same parade in Fulham Road for many years, and in April we had all units occupied / under offer. Read article](https://blog.lorenzconsultancy.com/off-market-prime-brompton-cross-retail-unit-let-to-established-auctioneers) ### [![](https://blog.lorenzconsultancy.com/hubfs/Screen%20Shot%202017-06-29%20at%2014.10.12%20(1).png) MEDIA RECRUITMENT CO SECURED NEW 900 SQ FT MARYLEBONE OFFICE FOR RELOCATION We helped Media Recruitment company, Arts & Media Ltd complete on their new lease on 900 sq ft Marylebone office, read more about it! Read article](https://blog.lorenzconsultancy.com/900-sq-ft-marylebone-office-for-media-recruitment-company) ### [![](https://www.lorenzconsultancy.com/images/news/2016/major-ticketing-firm-surrender-soho-hq-offices.jpg) Major Ticketing Firm Surrender Soho HQ Offices Major Ticketing Firm Surrender Soho HQ Offices Read article](https://blog.lorenzconsultancy.com/major-ticketing-firm-surrender-soho-hq-offices) ### [![](https://www.lorenzconsultancy.com/images/news/2016/30-desk-covent-garden-serviced-office-acquired-for-ticket-sales-firm.jpg) 30 Desk Covent Garden Serviced Office Acquired for Ticket Sales Firm 30 Desk Covent Garden Serviced Office Acquired for Ticket Sales Firm Read article](https://blog.lorenzconsultancy.com/30-desk-covent-garden-serviced-office-acquired-for-ticket-sales-firm) ### [![Screen Shot 2018-03-15 at 11.17.36.png](https://blog.lorenzconsultancy.com/hubfs/Screen%20Shot%202018-03-15%20at%2011.17.36.png) 3,200 sq ft Central Mayfair Self-Contained Building - Lease Sold to Finance Company 3,200 sq ft Central Mayfair Self-Contained Building - Lease Sold to Finance Company Read article](https://blog.lorenzconsultancy.com/3200-sq-ft-central-mayfair-self-contained-building-lease-sold-to-finance-company) ### [![](https://www.lorenzconsultancy.com/images/news/28-09-15/A-risk-premium-The-market-now-is-busier-than-ever.jpg) A Risk Premium? The Market Now is Busier than Ever A Risk Premium? The Market Now is Busier than Ever Read article](https://blog.lorenzconsultancy.com/a-risk-premium-the-market-now-is-busier-than-ever) ### [![](https://www.lorenzconsultancy.com/images/news/2016/37-Charlotte-St.jpg) Roka Restaurant Roka Restaurant Read article](https://blog.lorenzconsultancy.com/roka-restaurant) ### [![](https://www.lorenzconsultancy.com/images/news/1-708-sq-ft-prime-mayfair-office-lease-assigned.jpg) 1,708 sq ft Prime Mayfair Office Lease Assigned Anthony Lorenz, The Lorenz Consultancy, Rent Review, Commercial Property, Hanover Square, Mayfair, Lease Renewal, Lease Expiry, Niche Agency, Boutique Agency, Property Week, Baker Lorenz, Estates Gazette, New Office, Office Relocation, Lease Terms, Negotiation, New Lease, Commercial Property Market, Acquisition, Freehold, Leasehold, Property Article, Property News, Lease Assignment, Agency Acquisition, Rent, Letting, Leasehold Interest, Landlord, Tenant, Under Offer, Fit Out Read article](https://blog.lorenzconsultancy.com/1708-sq-ft-prime-mayfair-office-lease-assigned) ### [![](https://www.lorenzconsultancy.com/images/news/60-Fulham-Road-London-SW3.jpg) Prime Chelsea Retail Lease Surrendered Prime Chelsea Retail Lease Surrendered Read article](https://blog.lorenzconsultancy.com/prime-chelsea-retail-lease-surrendered) ### [![](https://blog.lorenzconsultancy.com/hubfs/6-brook-street.png) 577 sq ft Prime Mayfair Office Short Term Lease Assigned One of our Lorenz Consultancy properties has just come on the market is 577 sq ft Prime Mayfair Office Short Term Lease Assigned. Come check it out. Read article](https://blog.lorenzconsultancy.com/577-sq-ft-prime-mayfair-office-short-term-lease-assigned) ## 'We consulted with The Lorenz Consultancy Agency Team when searching for warehouse premises and a London showroom for our expanding furniture business. The team sent us a great selection of properties, we settled on one we liked with good transport access (as we have lots of deliveries in and out) and the Lorenz team negotiated a superb deal for us. A charismatic team with unrivalled experience and skill, and it shows!' - Ben Hall Loft Interiors ## [Need further help and advice?](https://www.lorenzconsultancy.com/contact/) [Contact us now](https://lorenz.prelive.review/contact) [![Lorenz Consultancy](https://cdn2.hubspot.net/hubfs/6850714/lorenz.svg)](https://blog.lorenzconsultancy.com/) #### Quick Links - [Home Page](https://www.lorenzconsultancy.com/) - [About](https://www.lorenzconsultancy.com/about/) - [Services](https://www.lorenzconsultancy.com/services/) - [News](https://www.lorenzconsultancy.com/news/) - [Property Search](https://www.lorenzconsultancy.com/property-search/) - [Contact](https://www.lorenzconsultancy.com/contact/) - [Clients](https://www.lorenzconsultancy.com/clients/) - [Resources](https://www.lorenzconsultancy.com/resources/) #### Contact 24 Hanover Square London W1S 1JD [Find us on Google Maps](https://www.google.co.uk/maps/place/The+Lorenz+Consultancy/@51.5132579,-0.1460761,17z/data=!3m1!4b1!4m5!3m4!1s0x4876052b21f9646d:0xfd7daa9cf9e80209!8m2!3d51.5132579!4d-0.1438874) [+44 (0) 207 629 9898](tel:+442076299898) #### Stay updated - Facebook - Twitter - Instagram © 2020 The Lorenz Consultancy, all rights reserved. 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