Many Telecommunication leases fall under the scope of the Landlord and Tenant Act 1954 (“The ’54 Act) which regulates Business Tenancies. Whilst not all Telecoms leases are regulated by the ’54 Act, unless a lease is specifically excluded from the Act, it will be regulated by the Act. It is important to have thorough working knowledge of the Act to negotiate a lease renewal to the landlord’s advantage.
However, the Telecommunications Act 1984 (as amended by the Communications Act 2003), also known as the Telecoms Code, outlays certain statutory rights relating to the Operator. Under Paragraph 21, Operators can often remain in occupation of the site against the wishes of the Landlord. This gives them very strong rights.
To increase the rent at renewal to reflect current market rent, it is necessary to present strong comparable evidence. Drawing on years of specialisation in the field of Telecommunications and our extensive database of deals, Amsy Chartered Surveyors can provide the necessary expertise to negotiate the lease renewal on your behalf.
Remember: Do not sign anything without specialist guidance! Contact the Telecoms Specialists NOW!