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Commercial Rent Increase Notice
"I need a Commercial Rent Increase Notice for our retail property at 123 High Street, where we're increasing the rent from £45,000 to £52,000 per annum, effective from March 1st, 2025, with a required 3-month notice period."
1. Date: Current date of notice
2. Landlord Details: Full name and address of landlord/managing agent
3. Tenant Details: Full name and address of tenant
4. Property Details: Full address and description of leased premises
5. Lease Reference: Date and parties to the original lease
6. Current Rent: Statement of current rent amount
7. New Rent: Statement of new rent amount
8. Effective Date: Date from which new rent takes effect
1. Calculation Method: Explanation of how increase was calculated, to be included when lease requires explanation or transparency of calculation
2. Review Period Reference: Reference to specific rent review period in lease, to be included when multiple review periods exist in lease
1. Rent Calculation Schedule: Detailed breakdown of rent calculation if based on formula or index
2. Copy of Relevant Lease Clause: Extract from lease showing rent review provisions
3. Service Requirements Notice: Additional notice regarding service charge increases if applicable
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