We provide a comprehensive service for Landlords and Tenants covering all types of Commercial property. We combine a wealth of knowledge and over fifty two years of market experience with a sound understanding of the legal complexities of property statute and case law to provide advice on rights and renewals.
Landlord and tenant relationships in business premises are a complex and potentially contentious area. Given the complexity of lease terms and rent review provisions that can be encountered today all parties to leases or tenancies require expert advice to ensure their financial and legal interests are fully protected.
We act for both landlords and tenants, covering all sectors of the market. With over forty years’ experience and expertise in this area we have a well-established track record of achieving the best results for our clients.
We have the latest market information on relevant comparable transactions. This in-depth knowledge in addition to an understanding of relevant legislation and legal precedent is key to our success. Landlord and Tenant Law is constantly changing, and can have great consequences for property. This coupled with the quality of our negotiation abilities is the key to our success. We act on behalf of landlords and tenants, be they small traders or large organisations and institutional clients specialising in the negotiation and referral of disputes to the Courts, the Arbitrator or Independent Experts We are renowned for our Expert Witness services and are experienced in taking cases to Arbitration, Expert or Court preparing cases in all scenarios. We advise on new and existing leases, renewals, surrenders, terminations, rent reviews and rent reductions. The Landlord & Tenant division is headed up by Ronan Rooney MSCSI., MRICS., MCIArb., MSc., BSc Surv., BA., Dip Prop Econ., a Chartered Surveyor, Property Arbitrator and registered RICS Professional Valuer who specialises in Landlord & Tenant Law and Regulations. An unparalleled nationwide reputation for expertise in this area Ronan has been appointed to both the Law Society of Ireland and Society of Chartered Surveyors Arbitration Panels endorsing his credentials. He has acted as Arbitrator in numerous Landlord & Tenant Cases over the past 25 years and specialises in Landlord & Tenant Law.
Rent Reviews If you are a landlord maximizing your rental increase or if you are a tenant curtailing any landlord proposed increase to a minimum we are qualified experts and have the full professional capacity to ensure the best possible outcome for our clients. As part of our Rent Review service we have access to one of the most extensive databases of comparable evidence which is combined with researching specialist reports indicating market trends, past results and economic factors. We have the latest market information on relevant comparable transactions. This in-depth knowledge and understanding of relevant legislation, legal precedent and knowledge of Landlord & Tenant Law is invaluable. We represent Landlords and Tenants preparing and presenting Expert Witness submissions in writing or at Oral hearings. Lease Renewals & Restructuring We advise Landlords and Tenants on the rights of renewal to a new commercial lease tenancy and negotiate with the other valuer acting for the other party. We have extensive experience of lease structures and their implications at rent review and relevant case law and may introducing different approach methodology if appropriate in addition to our renowned negotiation skills. In many cases there may be the opportunity to renegotiate or re-gearing existing leases and in this regard we also advise on the covenants and clauses in restructured leases ensuring protection for the client. Commercial Lease Advisory We advise landlords and tenants on the clauses to be included or exclude in the draft lease agreement advising in particular on break clauses, renunciation, review and user clauses. Specific services to large corporate bodies Rooneys are experts on recent Landlord & Tenant Legislation and recent Case Law ensures the best advice and procedures for assessing existing lease Tenancies and advising on restructures to facilitate upscaling or downscaling for progressive entities. Arbitration & Expert Determination We are very familiar with third party appeal procedure determinable by Independent Expert or Arbitration which require expert ability in preparation of an effective précis of evidence / counter submission in the case of hearings by written submission and in the case of oral hearing, an articulate and competent argument challenging either content or relevance of opponent’s evidence. Advisory Report Service In recent years we have offered a commercial lease advisory service which involves assessing the current lease and advising on it in the context of the clinets future plans. In these reports we have advised Corporations on their existing lease structures and facilitated restructuring to cater for up and downscaling of the enterprise. We have also advised Commercial Property Landlords on re-dressing Commercial Leases & Rent Reductions & Abatements granted. Experts on recent Landlord & Tenant Legislation and recent Case Law we ensure the best advice and procedures for assessing Commercial Lease Tenancies. This advice is hugely important in the context of both planning for future expansion or downgrading and for asset value maximisation for landlords and lease impediments for tenants. The Comprehensive Commercial Lease Advisory Report service which includes;
Reductions & Abatements granted
Professional valuations and negotiation for Landlord & Tenant in Rent Reviews
A Full Examination of the existing lease and the rental review clauses
Advisory on the implications of any Rent Reductions/Abatements granted
Advice on potential for re-gearing or restructuring existing leases
Existing Lease Covenants
Commercial Lease Re-gearing, surrenders and renegotiation
Strategic planning for future expansion or regression of facilities
Advice on Lapsed, Pending and Future Rent Reviews
Planning for Lease Renewal or Termination Strategy
Rights to claim new tenancies and their terms.
Repairing clauses in lease contacts and Tenant/Landlord responsibilities.
Assessment of disregard clauses for Goodwill and Improvements.
Sub-lettings and assignments/Rights and restrictions/Rent Reviews.
The importance of time in Landlord & Tenant situations.
The effects of ground rents on leasehold interests.
Restrictions on user clauses in Tenancy agreements.
Testimonials "We retained Rooney Auctioneers for advice and representation on a commercial rent review. Ronan was very professional, forthcoming and honest and kept us informed at every stage of the process. His advice was practical and realistic in regard to achieving a favourable outcome for us.” Mark & Pat Tully “Our liaison with Rooney’s over the years has a been a positive experience. We have found Rooney's to be professional, courteous and with utmost integrity in their dealings with us.” Tom Coyle Sathel Ltd