West Midlands

Rent review and lease renewal surveyor — Birmingham

Birmingham's retail core is dominated by managed schemes, and scheme evidence tends to be presented as if every unit shares the same pitch. It does not. Level, position relative to the anchors and the mall footfall pattern all move Zone A materially.

Written by Chris McGarrigle MRICS · Tenant side only

The law that applies here

Business tenancies here are governed by Part II of the Landlord and Tenant Act 1954. Unless the lease was contracted out, you have security of tenure: the tenancy continues after the contractual expiry date and can only be ended by a Section 25 notice from the landlord or a Section 26 request from you. Interim rent under Section 24A runs from the earliest date the notice could have specified.

Local market context

Bullring, Grand Central and New Street carry the prime rents, with a steep fall away into the traditional streets around them.

Long-running city-centre regeneration and infrastructure work has generated compulsory purchase and Part 1 compensation claims for occupiers affected by disturbance and by physical factors from new public works.

West Midlands industrial and trade counter rents have risen strongly, making upward-only reviews on older stock a recurring pressure point.

Pitches and markets covered

  • Bullring, Grand Central and New Street
  • High Street, Corporation Street and Colmore Row
  • Brindleyplace and Jewellery Quarter leisure
  • Regional town centres — Solihull, Wolverhampton, Coventry

Specialist advice for Birmingham tenants

The detail of each subject sits on its own page: commercial rent reviews, lease renewals and commercial dilapidations, the landlord's Section 25 notice and the tenant's Section 26 request. This page covers what is specific to the Birmingham market.

Where a Birmingham lease is ending rather than renewing, see tenant dilapidations advice.

Common questions

My business is affected by a road scheme. Can I claim?

Possibly. Part 1 of the Land Compensation Act 1973 allows claims for depreciation caused by physical factors from new or altered public works, and occupiers displaced by compulsory purchase have separate rights to disturbance compensation.

Does shopping centre evidence apply to my unit?

Only after adjustment. Position, level, proximity to anchors and the service charge burden all differ within a single scheme, and those differences have to be reflected before a comparable is useful.

Relevant guides

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