RICS Registered Valuer

Commercial Rent Reviews: Expert Advice for Tenants

Been served a rent review notice with an increase you cannot make sense of? We test what the landlord is asking for against real market evidence, and negotiate it.

  • We act for tenants, not your landlord
  • Tested against real comparables
  • Fixed fee agreed before we start
  • Same business day response

Free quote · no obligation · no payment details needed

  • MRICS & Registered Valuer
  • Ex-JLL
  • 13+ Years Experience

Bespoke quote

Are you the landlord or the tenant?

Step 1 of 4 · takes about 30 seconds

4.8 from 97 Google reviews

No obligation. No payment details. We respond the same business day.

  • 13+ Years Experience
  • Ex-JLL
  • Managed £3-4bn Portfolio
  • Independent & Unbiased

The Situation

A Rent Review Is a Negotiation, Not a Bill

Most tenants receive a rent review notice, read the figure, and assume it is settled. It is not. The rent your landlord has proposed is an opening position, and it is only worth what the market evidence behind it can support. Increases of fifty to over a hundred per cent on the current rent are common opening asks, and they are frequently not supportable once the comparables are actually tested.

  • You have been served notice and the increase does not reflect anything you recognise in the market
  • You have tried to negotiate it yourself and got nowhere
  • The review date is approaching and you are unsure what happens if you do not agree
  • You want to know what the rent should be before you commit to arguing about it

What We Do

How We Act for Tenants

  • RICS compliant property inspection

    We inspect the property internally and externally, taking accurate measurements and detailed photographs.

  • Market analysis and evidence gathering

    We research comparable properties and gather the evidence that supports a lower rent based on current market conditions.

  • RICS compliant reports

    A clear report setting out the rationale for a fair rent, prepared to RICS standards so it holds up under challenge.

  • Expert negotiation

    We use our knowledge of the market and the legal framework to challenge unjustified increases proposed by landlords.

  • Lease clause review

    The rent review clause governs the whole process. We read it first, because what it permits decides what is arguable.

  • Lease renewals

    Negotiation under the Landlord and Tenant Act 1954, covering term, break clauses and repairing obligations as well as the rent.

Do not settle for an unfair rent increase

Send us the lease and the notice you have been served. We will tell you whether the proposed rent is supportable, and what it would take to challenge it.

  • Same business day response
  • No obligation
  • RICS regulated

The Asymmetry

Why Tenants Lose These Negotiations

Your landlord

Large commercial landlords do this constantly.

  • They are experienced

    They have run hundreds of reviews and know exactly what they want out of this one.

  • They already have a surveyor

    The figure in your notice was prepared by a professional acting entirely in their interest.

  • They expect you to accept

    The opening ask is set high precisely because most tenants pay it without testing it.

You, with us

One review, and the same professional footing.

  • Evidence, not opinion

    Comparable open market lettings are the primary valuation method. We assemble them properly.

  • Someone who only acts for one side

    We take one side of any review and never both, so nothing we advise is hedged.

  • A defensible position

    If it goes to an independent expert or arbitrator, the case is already built.

The Process

What Happens When You Instruct Us

  • We read the lease

    The rent review clause sets the rules: the review date, the assumptions, the disregards and what happens if you cannot agree.

  • We value it properly

    Comparable open market lettings sit at the top of the hierarchy of evidence. Yield, income and cost approaches are secondary to them.

  • We negotiate

    We put the case to the landlord or their surveyor. If it does not settle, most leases allow referral to an independent expert or an arbitrator.

Meet the Founder

Nicholas Zorpides

MRICS, VRS, MSc, BSc (Hons) · Director

Nicholas qualified in 2017 and spent his early career at JLL, where he managed a commercial property portfolio valued between three and four billion pounds. He is MRICS accredited and an RICS Registered Valuer, and is personally involved in every survey and valuation the practice produces.

Nicholas Zorpides, MRICS Registered Valuer and founder of Nicholas and Co.

What our clients say

Don't just take our word for it

4.8 out of 5 on Google · 97 reviews · as of July 2026

  • Hands down the best surveyors anyone could ask for to get detailed reports, help negotiate new leases and professional advice on how best to navigate the often tricky landscape commercially speaking. If you need a good surveyors for whatever you require, they are your one stop shop.

    Shamash Hajion Trustpilot

  • Needed a valuation survey for a lease extension. Brilliant report and used to served a notice on Freeholder for a fair settlement. Thank you Team

    Nigel Wightonon Trustpilot

  • Excellent, prompt and comprehensive service.

    Lizzie Chaseon Trustpilot

Common Questions

Frequently Asked Questions

How much does a rent review surveyor cost?

Fees depend on the rent at stake and how far the matter is likely to run. Tell us about the lease and we will quote a fixed fee the same business day, before any work starts.

I have already tried to negotiate and got nowhere. Is it too late?

Usually not. Most leases set out a timetable rather than a deadline for agreement, and a review that has stalled is a normal point at which a tenant instructs a surveyor. Send us the lease and we will tell you honestly where you stand.

Do you act for landlords as well?

We act for one side of any given review and never both, and every instruction is checked for conflicts before we accept it. This page is written for tenants because that is who the overwhelming majority of our rent review clients are.

What happens if we cannot agree on a rent?

Most leases allow referral to an independent expert or an arbitrator appointed by the RICS. An arbitrator reviews the evidence from both sides and makes a binding decision; an independent expert reaches their own view. We prepare and present the evidence, and advise on whether referral is worth pursuing before you commit to it.

How long does the process take?

A straightforward review often settles within four to eight weeks. Matters that go to third-party determination take longer, and we will tell you early if yours is likely to.

Get expert rent review advice

Tell us about the lease and we will come back with a fixed fee the same business day.

Nicholas & Co. Chartered Surveyors

Step 1

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