Renewals and Rent Reviews

Frost Meadowcroft negotiate lease renewals and rent reviews for landlords and tenants.

Some recent examples include:

  • 6,000 sq ft educational (D1 use) rent review on a building in Fulham SW6
  • 15,000 sq ft office rent review in Kensington High Street, Kensington, W8
  • Various lease renewals at Island Studios, Hammersmith, W6

Lease Renewals

This is an important and rare opportunity for both landlord and tenant to consider the future of their property requirements. For the landlord, we will consider the terms of the lease and its impact on investment value. We will consider with our clients whether short or longer term plans include the wish for redevelopment, perhaps necessitating the need for a break clause. For the tenant, Frost Meadowcroft will assess with the client, their future requirements for expansion, possible down-sizing or relocation, and how this should be reflected in the lease terms.

Rent Reviews

Most leases will have rent review clauses that set out how the rent review is to be agreed. This is usually based on Market Rental Value. Our advice will consider the lease terms and how these might affect the outcome of the rent review and negotiate on your behalf with the other party’s surveyor to ensure that the rent agreed is the correct amount. If the rent cannot be agreed without reference to a Third Party surveyor, Frost Meadowcroft will prepare and submit representations in accordance with the directions issued by the Third Party surveyor and the guidance notes set down by the Royal Institution of Chartered Surveyors acting as Expert Witness.

If you would like to discuss further please contact Justin Clack or Simon Kibble on 020 8748 1200

Island Studios

Island Studios – Renewals & Rent Reviews

St Peters Square
Hammersmith W6

Various rent reviews & renewals, both landlord & tenant

Property details 

Property Consultancy

Property Consultation

Some recent examples or Frost Meadowcroft Property Consultation include:
  • Assessing the viability of an office refurbishment for a Charity owner occupier in Brentford
  • Market research paper for Royal Borough of Kensington & Chelsea planning policy

For most organisations property consultation is secondary to its core business or activity.

Over time these assets, or liabilities, need to managed effectively as they can make a dramatic difference to the operation and profitability of the business.

Most of the corporate clients we work with do not have this in-house property expertise for dealing with the following advice:

  • Asset managing properties in a strategic role
  • Valuing existing property assets and identifying liabilities
  • Advising on the disposal of leases and freeholds – coordinating marketing
  • Assessing occupational requirements and advising on relocation
  • Development and investment potential – identifying and assessing how existing assets or investments could perform better

Recent property consultancy roles include:

In 2013 we were instructed to prepare a paper on the office market in the Borough of Kensington & Chelsea to assess the the likely effect of the proposed Permitted Development Rights (PDR). Our report formed a key part in securing the successful exemption from PDR that protected the stock of employment generating office space in the Borough. This led to similar research and consultancy work from the local authorities of Camden and Hammersmith & Fulham.

Advice to a Trade organisation with a large central London freehold where we are advising on the management of subtenants and the options for the building and the property asset.

Development advice to a Charity with an industrial property investment as part of their portfolio where we have been instrumental in identifying development potential for the site and providing advice on the scheme working with architects to secure planning.

Please contact Simon Kibble on 020 8748 1200 for further information on these services.

Development Advisory

Frost Meadowcroft provides a bespoke development advisory service to clients.

As well as being active agents in the market and RICS Registered Valuers, we are able to assist clients to identify the best use or combination of uses for a site or building and provide formal valuations of land and property before and after a property development.

We will identify occupier’s requirements for the particular development so that appropriate planning use, unit size and layout can be incorporated to accurately meet market demand.

Estimated rental and freehold re-sale values for the completed scheme will be considered for the development appraisal.

Some recent examples include:

  • 16 The Vale, Shepherds Bush, W3
  • 98 York Road, Battersea, SW11
  • Fish Island, Hackney, E3

We can also provide introductions to appropriate architects for the development.

As Bank panel valuers we have many Bank and finance contacts and are able to assist introductions to developer finance where required.

To discuss how we can help with your project, please contact Simon Kibble or Shaun Wolfe on 020 8748 1200


Frost Meadowcroft provides a bespoke residential development advisory service to clients. We provide RICS valuations of land and property, before and after a development. We also advise on the sales and letting of residential schemes, including corporate lets.

London Wide Land Sale and Acquisition

  • We have a wide knowledge and contacts to enable the successful purchase of residential development property and land that is both ‘on the market’ and ‘off market’.

Market Intelligence

  • As RICS registered valuers, we are able to value the land/property, the cost of the building works and the value of the finished property both in terms of rent and sale.
  • As agents, we are well placed to assess future demand and the characteristics of the buyers to assist our clients in both the best use or mix of uses for a property and advise the architects on what the likely purchasers will require to assist the design and specification of the property.
  • Our understanding of the local nuances of each part of London enables the client to determine the best possible scheme.

Marketing and Pricing Strategy

Advising on current and predicted market rental and sales values relevant to each scheme.

Provision of market evidence.

Recommendations on the ideal marketing campaign and assistance in answering questions such as whether to phase a development or sell off-plan.

Coordinating all aspects of the marketing and sales programme, including launch events and provision of comparable evidence to purchaser’s surveyors.

5 Grosvenor Gardens – Rent Reviews


Rent review by Simon Kibble of 8,000 sq ft educational building in 2019.